This bank continually screws over the shareholders. A guy who ran this bank in the ground now leaving wants a $250,000 consulting fee? Oh take care of his legal fees for putting this deal together for him WILL YA! Oh need my life insurance too... The board needs to be sued for allowing this.
Management often leaves so they can cash in on their deferred compensation plans before it is too late. These are treated the same as unsecured creditors in bankruptcy.
I'll go even further pay him $50,000 to not give the bank any advice. Now could see that!