executive fallout
nounDefinitions
The dismissal of executives no longer required in their roles after a merger or…
The dismissal of executives no longer required in their roles after a merger or acquisition.
- And now with the end of 1987 approaching, the big retail company is faced with the possibility of a large executive fallout requiring substantial replacements.
- Lloyds TSB's 1996 accounts show that the executive fallout following the takeover of TSB by Lloyds meant the departure of two executives clutching substantial golden handshakes.
The neighborhood
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sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA