Is the new boss of Time Warner Cable about to become one of the luckiest-ever winners of the great chief-executive pay lottery? Robert Marcus is set to take over as boss on January 1st. If rumours are to be believed, that will be just in time for the cable firm to be bought by one of a host of rivals that are now circling it. A change-of-control clause in his contract means he could go straight back out of the door with a "golden goodbye" of over $56m. The biggest loser, in contrast, may be Philippe Varin, who will step down as boss of psa Peugeot Citroen, a struggling French carmaker. On November 27th, he issued a statement saying he would give up a pension provision valued at €21m ($28.4m).
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