By  on February 1, 2011

Robert Margolis is walking away from Cherokee Inc. after two decades, but he’s hardly doing so empty-handed.

His separation agreement and private sales of stock to the company and his two successors, chief executive officer Henry Stupp and non-executive chairman Jess Ravich, stand to add more than $10.5 million to his worth, according to documents filed with the Securities and Exchange Commission Monday.

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