Here are the golden parachutes granted to Duck Creek execs after $2.6B Vista deal
Duck Creek Technologies Inc. revealed its estimated "golden parachute" payments for five key executives in a public filing last week.
Vista Equity Partners, a private equity firm, plans to purchase the Boston-based tech company (Nasdaq : DCT). The deal is expected to close in Q2 of this year. According to company estimates Jackowski could receive approximately $11.4million in total compensation after acquisition, which includes $1.3 million cash and just under $10 million equity. Jackowski led the business for more than a decade since it was part Accenture. This includes through its 2020 IPO. After Vincent Chippari, the former CFO, announced his retirement plans, Rhodes was appointed to the role. Vista Equity Partners is a Boston-based company that owns SmartBear Software, which is based in Somerville.