More Companies Disclose COBRA Payments for Execs in Exit Deals
Companies are increasingly disclosing provisions in separation agreements that include continuing health care coverage for departing executives, according to data from public company intelligence provider MyLogIQ.
The uptick in disclosures puts the details of these plans front and center for execs and competitors. Boards mulling over retention considerations or updating change-in-control agreements may find it useful to examine peers’ offerings, sources suggested.
