VMware Execs Also in Line for Severance, Health Insurance and Stock Payments

Broadcom also is offering big payouts on the executives’ severance terms and health insurance premiums. The totals range from $6.1 million for Raghuram to $1.9 million for Fliegelman Olli.

Finally, the five execs are in line for even millions more (read: set for life) in VMware stock payments.

All of those amounts are subject to change, however. Broadcom calculated the numbers based on share prices of $130.09 (the going price in the five days after the $61 billion deal went public), assuming the executives leave without cause and other business considerations.

If you want to dig into all the legalese, check out the Broadcom filing.

Broadcom expects to close the acquisition of VMware in its fiscal year 2023, which begins in November.