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SoftBank COO to Leave After Seeking $1 Billion in Compensation

  • Marcelo Claure has sought compensation of about $1 billion
  • 51-year-old already ranks as SoftBank’s second-highest paid
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WATCH: SoftBank COO Claure is in talks to leave the Japanese conglomerate following a clash with founder Masayoshi Son. Peter Elstrom reports.Source: Bloomberg
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SoftBank Group Corp. Chief Operating Officer Marcelo Claure is making preparations to depart the Japanese conglomerate after clashing with founder Masayoshi Son over his compensation and responsibilities, people familiar with the matter said. 

The 51-year-old Bolivian-American agreed to sell a majority stake in his cellphone distributor to SoftBank in 2013, becoming one of Son’s top lieutenants and a billionaire in the process. Still, Claure, who was SoftBank’s second-highest paid executive in the latest financial year, has often pushed for much more money and authority.