Been there about 5 years. Company has a new CTO and he informed me Friday that he wants to work on a "mutual agreed upon exit" from the company. I was hoping to retire in about 15 months anyway so if the package is decent, it might be a good thing. But I have never been in this situation before. I am an executive at the company, and this is the first time I've been booted from any company before I was ready to leave. Honestly, if it wasn't for the impending retirement date, I probably would be looking for a new job anyway. The CTO is a paranoid micromanager and that really conflicts with my style. My org is pretty big (around 200), and I have no idea what he is going to come up with for a transition plan. My guess is he went out and found a good yes man that is more compatible with his style. This week I have some meeting with him to discuss further. We had a quick meeting on Friday to give me some heads up on the meetings this week but not much details yet. He has a pattern of doing this and I am meeting with my old boss today. He went through this same thing with the CTO. I hope to get more insight into how it went. He went pretty quietly so I assume the package he got was attractive.
You guys always have good insights with this sort of drama. I can't really say much to anyone I work with until this takes more shape. So, I only have you guys here to vent to. It's a bit of a shock. But I am pretty well prepared to absorb this hit. 15 months more salary wasn't going to make or break my retirement. I am hoping to hang on a few more months to help with transition, keep some equity shares, and get a good severance package. I doubt, I'll get 15 months. Hoping to push for 6 though. I do have leverage as the company does do independent reviews of leaders every year and mine have been stellar. So, dismissing because of cause is probably not a path they would want to take. The sad part is I pretty much love my team. I was taking the stress of dealing with our clueless CTO because of my belief in the potential of the team I have. We were right in the middle of a massive cloud migration and were doing some cool and amazing stuff. I pushed back hard against his micromanagement because of how it would affect them. Ultimately, that's what got me where I am now. So, I have no regrets.
You guys always have good insights with this sort of drama. I can't really say much to anyone I work with until this takes more shape. So, I only have you guys here to vent to. It's a bit of a shock. But I am pretty well prepared to absorb this hit. 15 months more salary wasn't going to make or break my retirement. I am hoping to hang on a few more months to help with transition, keep some equity shares, and get a good severance package. I doubt, I'll get 15 months. Hoping to push for 6 though. I do have leverage as the company does do independent reviews of leaders every year and mine have been stellar. So, dismissing because of cause is probably not a path they would want to take. The sad part is I pretty much love my team. I was taking the stress of dealing with our clueless CTO because of my belief in the potential of the team I have. We were right in the middle of a massive cloud migration and were doing some cool and amazing stuff. I pushed back hard against his micromanagement because of how it would affect them. Ultimately, that's what got me where I am now. So, I have no regrets.