Not necessarily better to be terminated than resig
Post# of 148165
Was he terminated for cause? We don't know.
Companies can mutually agree that someone will willingly step down (resign) and they can still get a golden parachute. Of course there is usually going to be a tight NDA. I have dealt with many of those when it comes to employment and the end of people's time at a company, including my own.
We just have no facts right now, but again, "terminated" is synonymous with "fired".