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SoftBank COO Marcelo Claure to step down after dispute with CEO over compensation

Claure has spent several years at SoftBank clearing up messy investments and had expected to be paid higher, however, CEO Masayoshi Son was looking to pay him a much smaller sum

January 28, 2022 / 09:21 AM IST

SoftBank Group Corp Chief Operating Officer (COO) Marcelo Claure is in talks to leave the Japanese conglomerate, after a fallout with founder Masayoshi Son over his compensation and responsibilities.

At SoftBank International, Claure's deputy Michel Combes is expected to take over his duties, according to news agency Reuters.

Already being one of the highest-paid executives at the tech giant after earning a pay package of $17 million in 2020, Claure has been in talks to leave SoftBank for several months, according to earlier media reports.

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