Exiting executives: a guide to terminating executives around the globe

The Guide provides a comprehensive information on navigating the complexities of ending employment relationships with executive-level staff.

It underscores the nuanced difficulties inherent in severing ties with senior employees and provides a structured approach to manage these challenges effectively.

Our colleagues Irina Rozenšteina, Ints Skaldis and Katrīna Eimane explore key aspects of the termination process, including legal considerations and best practices in order to ensure a smooth transition. Special attention is paid to the post-termination landscape and the differences with the legal status of management board members.

The guide has been prepared by law firm Shoosmiths and is available here.