Yeah... my assumption when an executive says they are leaving to "spend more time with my family" is still that they were asked to leave and are trying to be graceful about it.

(I mean, I know nothing about bond markets. It could very well be sincere in this case. I'm just saying, my immediate impression, when a top person says they are leaving to spend more time with their family, is to extend my sympathy at, you know, getting canned)

Maybe it is just my experience at Yahoo in the mid aughts. It seemed like every three months, a top exec was "leaving to spend more time with my family"

I mean, being graceful about getting pushed out is a good thing for all involved, and it seems like the leaving letters are getting more convincing lately, which is fine, but... yeah, I'm still not buying it.