I never heard of an executive being pushed to earn less money the way executives are pushed to resign.

Usually is quite the opposite, companies pay resigning executives a wealth sum as it is in the best interest of the company that the burned executive leave as soon as possible and with no intentions to harm the company after leaving. The board usually couldnt care less about the money a leaving executive gets.

An executive leaving money on the table (and distributing among other employees) is extremely rare and I think your cynism have no logical thinking support here.

It's risen in popularity since the subprime mortgage crisis. Used more often to claw back bonuses for fraud, but used for lackluster performance as well.

Voluntarily forgoing your bonus versus an embarrassing board decision isn't that odd.

You mean 0.35 billion?

If you have something to say, say it.

In a forum with participants from a plurality of nations, and various states of wakefulness, sarcasm is going to be missed by someone.

Additionally, it doesn't add anything to the conversation that several sibling comments haven't already stated in a clearer fashion.

When C level executives are involved in a scandal, this is exactly what happens. The folks above them "ask" for their resignation. The subtext is that it is mandatory. Resigning keeps them from the disgrace of being fired and also often allows them to keep certain things like bonuses, pensions etc.

Cheers.