Case study - senior executive exit negotiation

Background

Our client has become disillusioned with work since a new Managing Director joined. The new MD had brought colleagues with them and they had become seen as part of the “legacy” team. Our client began to feel excluded from progression within the new structure. At the same time, their performance (which had never been questioned before) began to be monitored. They then found an exciting opportunity elsewhere.

Client objectives

The client wished to leave their current employer to take the new role, without any mark against their name and with a good financial severance package.

Support we provided to our client

Once instructed, we wrote a long letter to the employer, taking apart their reasons for examining our client’s performance. The employer agreed to stop any (informal) performance management. We expressed disappointment on behalf of the client and emphasised that the trust had broken down between the parties. We negotiated a severance package on behalf of our client.

Resolution

Our client did exit via a Settlement Agreement to include an agreed reference and a waiver of some of our client’s post-termination restrictions. The employer paid for most of our client’s legal fees.