Corii Berg quit in December, even though he was under contract through June 2023. He and the company haven't said why. Berg's newly disclosed $1.65 million severance payment adds to the mystery.
February 21, 2023 at 02:50 PM
3 minute read
The original version of this story was published on Corporate Counsel
Add another plot twist to the storyline surrounding Corii Berg, who unexpectedly quit as general counsel of the film studio Lionsgate in December—even though he was under contract through June 2023.
The company has disclosed in a new Securities and Exchange Commission filing that Berg will receive $1.65 million in cash severance—even though he wasn’t contractually eligible for severance.
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The Lionsgate booth at the Licensing Expo in Las Vegas. (Photo: Kobby Dagan/Shutterstock.com)
