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Bye-bye, and here's your check: Golden exit for the departed

Associated Press logo Associated Press 4/21/2017 By STAN CHOE, AP Business Writer
FILE - In this Oct. 1, 2015, file photo, Bill O'Reilly of the Fox News Channel program "The O'Reilly Factor," poses for photos in New York. O’Reilly is reportedly in line to get up to $25 million following his ouster from Fox News amid allegations of sexual harassment, only the latest in a long line of big payouts made to celebrities and executives as a way to grease the exits. (AP Photo/Richard Drew, File) © The Associated Press FILE - In this Oct. 1, 2015, file photo, Bill O'Reilly of the Fox News Channel program "The O'Reilly Factor," poses for photos in New York. O’Reilly is reportedly in line to get up to $25 million following his ouster from Fox News amid allegations of sexual harassment, only the latest in a long line of big payouts made to celebrities and executives as a way to grease the exits. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Don't let the vault door hit you on the way out.

FILE - In this Feb. 9, 2015, file photo, Roger Ailes attends a special screening of "Kingsman: The Secret Service" in New York. In the summer of 2016, Ailes, who helped build Fox News into a ratings behemoth, departed the company following allegations of sexual harassment, and left with a $40 million severance. Ailes was chairman and CEO of Fox News, and with Bill O’Reilly as a high-profile host, pushed it to become the most-watched U.S. cable-news channel. O'Reilly is now out at Fox and is reportedly in line to get up to $25 million following his ouster amid allegations of sexual harassment. (Photo by Charles Sykes/Invision/AP, File) © The Associated Press FILE - In this Feb. 9, 2015, file photo, Roger Ailes attends a special screening of "Kingsman: The Secret Service" in New York. In the summer of 2016, Ailes, who helped build Fox News into a ratings behemoth, departed the company following allegations of sexual harassment, and left with a $40 million severance. Ailes was chairman and CEO of Fox News, and with Bill O’Reilly as a high-profile host, pushed it to become the most-watched U.S. cable-news channel. O'Reilly is now out at Fox and is reportedly in line to get up to $25 million following his ouster amid allegations of sexual harassment. (Photo by Charles Sykes/Invision/AP, File)

Getting forced out of a job is painful, but a couple (dozen) million dollars help salve the wound. The latest big name to get a big payment with a bye-bye from the boss is Bill O'Reilly. The longtime Fox News host is in line to get up to $25 million, according to media reports, after a string of sexual-harassment allegations led to his ouster.

FILE - In this May 15, 2015, file photo, United Airlines Chairman, President and CEO Jeff Smisek, speaks during a panel discussion on unfair international competition at the National Press Club in Washington. Smisek stepped down in 2015 amid an investigation into whether United flew a route between Newark, N.J., and Columbia, S.C., to curry favor with the chairman of the agency that operates New York-area airports. He received $4.9 million in cash severance, along with millions more in stock grants. He also received lifetime flight benefits. (AP Photo/Manuel Balce Ceneta, File) © The Associated Press FILE - In this May 15, 2015, file photo, United Airlines Chairman, President and CEO Jeff Smisek, speaks during a panel discussion on unfair international competition at the National Press Club in Washington. Smisek stepped down in 2015 amid an investigation into whether United flew a route between Newark, N.J., and Columbia, S.C., to curry favor with the chairman of the agency that operates New York-area airports. He received $4.9 million in cash severance, along with millions more in stock grants. He also received lifetime flight benefits. (AP Photo/Manuel Balce Ceneta, File)

He joins the long list of executives and bold-faced names who have grabbed handsome payouts that have become standard operating procedure for companies to hand out. The reasons for departure can range from the mundane, such as a CEO simply being ineffective in boosting the stock price, to the salacious, with accusations of improper behavior.

FILE - In this Wednesday, June 13, 2012, file photo, Viacom Inc. CEO Philippe Dauman waits for the start of an event in Washington. The former Viacom CEO was pushed out in the summer of 2016 following a bitter battle for control of the company’s board. His $58 million severance payment doesn’t include millions more paid to Dauman in pro-rated bonus money, vested stock options and other awards. (AP Photo/Evan Vucci, File) © The Associated Press FILE - In this Wednesday, June 13, 2012, file photo, Viacom Inc. CEO Philippe Dauman waits for the start of an event in Washington. The former Viacom CEO was pushed out in the summer of 2016 following a bitter battle for control of the company’s board. His $58 million severance payment doesn’t include millions more paid to Dauman in pro-rated bonus money, vested stock options and other awards. (AP Photo/Evan Vucci, File)

Here's a look at some other recent departures of big names and what they received as they exited, according to regulatory filings and media reports:

FILE - In this Feb. 19, 2015, file photo, Yahoo President and CEO Marissa Mayer delivers the keynote address at the first-ever Yahoo Mobile Developer's Conference, in San Francisco. Mayer, who was brought in to save the struggling internet giant, may soon be on the way out after brokering deals to break it up. If Mayer doesn’t have a job after the deals are done, she’ll be in line to get a severance package, which was most recently valued at $23 million. (AP Photo/Eric Risberg, File) © The Associated Press FILE - In this Feb. 19, 2015, file photo, Yahoo President and CEO Marissa Mayer delivers the keynote address at the first-ever Yahoo Mobile Developer's Conference, in San Francisco. Mayer, who was brought in to save the struggling internet giant, may soon be on the way out after brokering deals to break it up. If Mayer doesn’t have a job after the deals are done, she’ll be in line to get a severance package, which was most recently valued at $23 million. (AP Photo/Eric Risberg, File)

— Roger Ailes, Fox News, $40 million.

It was only last summer that the other man who helped build Fox News into a ratings behemoth had his own departure from the company following allegations of sexual harassment. Ailes was chairman and CEO of Fox News and, with O'Reilly as a high-profile host, pushed it to become the most-watched U.S. cable-news channel.

— Jeff Smisek, United Continental, $36.8 million.

The CEO atop United Airlines stepped down in 2015 amid an investigation into whether it flew a route between Newark, New Jersey, and Columbia, South Carolina, to curry favor with the chairman of the agency that operates New York-area airports. He received $4.9 million in cash severance, along with millions more in stock grants. He also received lifetime flight benefits.

— Marissa Mayer, Yahoo, $23 million.

The woman brought in to save the struggling internet giant may soon be on the way out after brokering a deal to break it up. Verizon is buying Yahoo's email service and other websites, and the deal is expected to close by the end of June. The remaining part of Yahoo, which is also the far more valuable one, will be turned over to a new company called Altbaba. If Mayer doesn't have a job afterward, she'll be in line to get a severance package, which was most recently valued at $23 million.

— Philippe Dauman, Viacom, $58 million.

The former CEO of the entertainment giant was pushed out last summer following a bitter battle for control of the company's board. The $58 million severance payment doesn't include millions more paid to Dauman in pro-rated bonus money, vested stock options and other awards.

— John Stumpf, Wells Fargo, zero.

When the CEO stepped down from the company last year as the uproar about its aggressive sales tactics echoed in Capitol Hill, the bank said he would receive no severance pay. The board also reclaimed millions of dollars in pay made to him.

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