Meaning of executive fallout | Babel Free

Definitions

The dismissal of executives no longer required in their roles after a merger or acquisition.

uncountable

Examples

“If you can't find just the right man for a key spot, divide the job and hire two slightly less qualified men. Watch mergers and acquisitions for executive fallout. Search for men in other fields if the fishing pond in your industry looks dry.”

“And now with the end of 1987 approaching, the big retail company is faced with the possibility of a large executive fallout requiring substantial replacements.”

“Lloyds TSB's 1996 accounts show that the executive fallout following the takeover of TSB by Lloyds meant the departure of two executives clutching substantial golden handshakes.”

CEFR level