>The line about 'no severance package' seems highly unusual and would lead me to assume that this was a forceful 'push' to step down.
It's rather normal for people to not get severance packages when they quit.
Costolo is remaining on the board, and got a ton of stock when he became CEO. Considering that he grew the company's valuation from $3 Billion to $23 Billion (7.6x for those doing the math), I can assure you he doesn't really need a severance package anyway.
It's rather normal for people to not get severance packages when they quit.
Costolo is remaining on the board, and got a ton of stock when he became CEO. Considering that he grew the company's valuation from $3 Billion to $23 Billion (7.6x for those doing the math), I can assure you he doesn't really need a severance package anyway.