CEO with US$110m pay package is suddenly out

Kiwi Camara’s departure was disclosed in a securities filing on Monday. (WSJ)

Fri, 15 Sep 2023

By Theo FrancisA big payday doesn’t always keep a chief executive employed.Just over a year after CS Disco shareholders approved a CEO pay package worth nearly US$110 million (NZ$186m) – one of the biggest of 2022 – the company’s co-founder and CEO, Kiwi Camara, resigned with little explanation.His departure, disclosed in a securities filing on Monday, could mean Camara loses the stock options that made up nearly all of the pay package. Camara didn’t respond to requests for comment. CS Disco shares fell nearly...

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