Former Old National CFO, on leave following criminal charges, parts ways with bank

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3 thoughts on “Former Old National CFO, on leave following criminal charges, parts ways with bank

  1. Quite the severance. How could there not been a clause about criminal activity that would mis-represent the bank? disgusting. Hopefully the victims family takes all of that money

    “Falconer will receive a cash severance payment of $2,645,552. That amount represents the prorated portion of Falconer’s 2024 annual bonus, two times his 2024 base salary and bonus, and the value of certain executive employee benefits. The payout amount is in keeping with the terms of Falconer’s employment agreement, which was signed in June 2023, the SEC disclosure says.”

  2. If given a (deserved) prison sentence, there is good old fashioned “prison justice” to folks that commit crimes against children. The least of his worries will be his severance.

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