One Of Demand Media's Founders Left With An Amusingly Slim Payout

Not Larry Fitzgibbon.

Photo: Flickr/colinroots

On Monday afternoon, news got out that Demand Media was parting ways with three of its founders and EVPs at once — though the timing, they said, was “just coincidence.”According to SEC filings by the company, it looks like one of those exiting executives, Larry Fitzgibbon — who handled media for Demand — is leaving with a $125,000 payout and approximately $143,000 in accelerated stock.

Compared to some of the absurd packages netted by other execs, Fitzgibbon’s seems pretty reasonable.

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