Ten days ago yesterday, on Sunday April 30, 2023, CEOWorld magazine published an article I wrote on “Navigating Past Clawbacks to take a Competitor’s C-level Job Offer.”
This new article is designed for designed for CEOs, COOs, CFOs, C-level and senior executives, who would like to make a move, who are considering a new position, or who are being courted or recruited for a C-level position with a direct competitor company, but face a serious obstacle in even testing the waters with that direct competitor company. That serious obstacle comes in the form of significant clawback terms in your past executive equity grants with your company.
In many cases, these grants and the clawback rights accrued over the years, can potentially cost a departing executive millions of dollars. These dollars of forced repayment can thus pose a truly draconian deterrent to leaving to join a direct competitor.
How can you explore the opportunity and still protect yourself?
This article fully discusses this problem and then shares some of the author’s techniques representing C-level clients in major US corporations under just these circumstances. The article closes with advice to navigate the clawbacks peril to join a direct competitor, by fully preparing and covering yourself using the two-fold strategy set out in the article.
To see my full CEOWORLD magazine. article, go to LINK: https://ceoworld.biz/2023/04/30/navigating-past-clawbacks-to-take-a-competitors-c-level-job-offer/
Or on my website at https://www.executiveemploymentattorney.com/navigating-past-clawbacks-to-take-a-competitors-c-level-job-offer/
This was my 41st article published in CEOWORLD since 2016. Previously, the editor advised that I can use “Featured in the CEOWORLD magazine” and the CEOWORLD “Logo” on my website and add CEOWORLD magazine in my LinkedIn profile’s “Experience Section” as an “Opinion Columnist.” and authority in the field.
On its own initiative, CEOWORLD magazine created on their website a library of Robert Adelson published articles. You can peruse this library and/or read as many of my 41 published articles as you wish. See https://ceoworld.biz/author/robert-adelson/
With more than 12.4+ million-page views, CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide. https://www.linkedin.com/company/ceomagazine/
It is my hope that this article will be of benefit to CEOs, C-level and senior executives to offer insights and guidance for you to be able to explore what might be your best opportunity: an attractive C-suite job offer with a direct competitor. To do that, it may be important to first put in place proper safeguards to navigate past the serious potential liability if your current employer has clawbacks in place. If you or any colleague of yours has a need in this area, please do reach out to me @ 617–875–8665 or rob@attorneyadelson.com.
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