SiliconBeat

Raise your hand if you recently quit your job and in the process got a severance package that was bigger than what you’d have gotten if you were let go by your employer?

Avistar Communications, the San Mateo company that was delisted from the Nasdaq stock market last month, reported today that Read the rest of this entry »

Two days after holding its annual meeting, Hansen Medical had one of its directors resign, the company reported in a filing today with the SEC.

Thomas McConnell was not up for re-election to Hansen’s board, whose members serve staggered terms, and his was not set to expire until  Read the rest of this entry »

McAfee, the Santa Clara supplier of security software, said its chief technology officer Christopher Bolin will retire from the company on June 30, after which he will continue as a non-employee advisor to the company through Sept. 30, 2010. Bolin is set to receive a lump-sum payment of $117,500 within 30 days of Sept. 30.

Bolin, 41, took a leave of absence Read the rest of this entry »

Smart Modular, the Fremont maker of storage chips that has gone through two rounds of layoffs over the last year, today announced the “departure” of Mohana Krishna, a senior vice president in charge of worldwide operations.

The terse announcement included this intriguing detail that suggests the departure wasn’t necessarily Krishna’s idea:

“The terms of Mr. Krishnan’s employment offer letter provide for a one-month notice period prior to departure. Accordingly, his last day of employment will be April 2, 2009. During this interim notice period, he will have limited duties and responsibilities.”