Unable to retain high-cost CXOs, companies look at 'mutual separation'

Companies are increasingly negotiating "mutual separation" agreements with top C-suite executives who are no longer aligned with new growth strategies. These exits are planned with lead times of 12-18 months in large firms, while startups also offer structured exit plans for senior talent. The agreements, kept confidential, provide negotiated packages and benefits, reassign executives from key projects, and ensure a dignified departure.