Back in the fall company announced I would be stepping into my boss’s job with one of my peers (co leadership is common). We began the transition, to be effective later this year. Earlier this year, I began conversations with managing directors re comp for the new role as this was never broached with the announced promotion. A month later, they announced a singular leadership model and my peer would be elevated and I would stay in my old job. This smacks of retaliation. Thoughts?

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I don’t see retaliation.

It doesn’t sound like transition and co-leadership was going well.

Was either announcement discussed before hand? I mean, before an announcement would be made leadership should have talked to you about the promotion and at that time compensation discussed. And then, why the promotion was rescinded.

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That’s disappointing OP, especially if they publicly announced you’d be a co-lead, now they are changing it, and it seems like they didn’t provide you with any feedback or reasons for the change.

If you plan to stay, you should ask for a feedback and career path discussion.

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How is that retaliation?
The other candidate also must be having comp discussions too.

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Transition was going well and was almost fully complete. There were no issues or feedback. The only change point was me asking about the new comp plan back in April (and then dragging their feet) and then in May they decided they only needed one of us.

Appreciate the perspective!

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