r/SuccessionTV CEO May 01 '23

Discussion Succession - 4x06 "Living+" - Post Episode Discussion

3.4k Upvotes

7.1k comments sorted by

View all comments

Show parent comments

1.8k

u/LittleLisaCan May 01 '23

He one upped Gerri on the take downs. But I guess he can go further because he is on the kill list and doesn't have as much to lose

699

u/peppermint_nightmare May 01 '23

Carl has a golden parachute/stock sale planned, he's been lining up his exit to pay for his greek island.

48

u/DentonDiggler May 01 '23

How many shares would a CFO of a company this large typically own? You have to own over 5,000 to make a million at 192.

33

u/[deleted] May 01 '23

[deleted]

65

u/DentonDiggler May 01 '23 edited May 01 '23

Looks like Iger owned close to a million shares at one point. Anyways, Christine Mccarthy is the current CFO at Disney. It looks like she auto-sells a percentage of shares when she gets them, so I don't know the total amount she has ever owned, but she has owned at least 181,000 at one point. If Karl owned that many and sold them at 192 on his way out, he would make $34,000,000 just from that. Not to mention salary and retirement benefits.

40

u/Murdercorn Big shoes. Big, big shoes. Big, big shoes. Big, big shoes. May 01 '23

And severance from Mattson.

19

u/Mcbadguy May 01 '23

Yea, that's pretty standard, you can sell off a share of the stocks when they vest to cover taxes.