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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHegseth signed NDA, received six-figure severance payment after leaving veterans' group, sources say
https://www.cbsnews.com/news/pete-hegseth-signed-nda-received-six-figure-payment-after-leaving-concerned-veterans-for-america/Pete Hegseth, President-elect Donald Trump's embattled pick for secretary of defense, received a six-figure severance payment and signed a non-disclosure agreement when he exited the organization Concerned Veterans of America. The payment came amid allegations of financial mismanagement, repeated incidents of intoxication and sexual impropriety, as well as dissension among its leaders over Hegseth's foreign policy views.
The Army veteran turned Fox News host signed a non-disclosure agreement when he stepped down as CEO in January 2016, two sources associated with Concerned Veterans of America told CBS News, with one source saying the agreement included a financial payout. The CVA sources spoke to CBS News under conditions of anonymity because they were not authorized to publicly discuss legally-binding contracts, while also fearing professional reprisal.
Public tax filings reviewed by CBS News confirm that Hegseth was paid more than $172,000 between October 2016 and September 2017 well after Hegseth's formal departure from his role as CEO of Concerned Veterans from America in January 2016.
Hegseth remained listed on tax filings as a former CEO working 50 hours a week between 2016 and 2017. An archived 2016 biography on Hegseth's website described him as a Fox News contributor and host, and did not list an ongoing role with Concerned Veterans for America.
In a statement to the Military Times at the time of his departure, Hegseth said he was leaving the organization to focus on releasing a book and other advocacy work, while CVA said it wished him well "in all future endeavors."
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Hegseth signed NDA, received six-figure severance payment after leaving veterans' group, sources say (Original Post)
Demovictory9
Dec 4
OP
Deuxcents
(19,951 posts)1. Six figure severance package from a veterans group..did they not think the veterans could put that money to better use?
All that with allegations of financial mismanagement, sexual improprieties and alcohol problems. This payment should be looked at, too.
kacekwl
(7,590 posts)2. How do I get rewarded
for screwing up at my job, getting fired and finding a big fat fucking check in my account. These pricks ALWAYS end up on their feet somehow.
Demovictory9
(33,867 posts)3. Failing upwards, its called