Weber to Spend Millions in Severance Pay for Ousted Executives

Grill maker Weber (NYSE: WEBR) is looking to right the ship after disappointing financial results by turning over their executive team. Unfortunately, doing that isn’t cheap, which adds to Weber’s cash problems as they’re rumored to be taking on more debt.

Below is information compiled from Weber’s SEC filings to estimate potential payments for termination without cause. It reflects the executives being paid a target bonus for the year that they were terminated.