> All you're really saying here is that you wish Mullenweg had lost this power struggle
If that is "all" you read in the post, I encourage you to take more than a couple seconds to read it, because you completely missed every single point.
Matt is an adult and had a choice. He approved the board. He knew the board had the severance package they had when he made it. Then he realized he regretted his own board choices because they were putting their responsibility to the company above loyalty to him personally.
As a result, he selected the option which was worst for the company, worst for investors, worst for fiscal responsibility, and best for himself and only himself. That is all far less ethical and moral than anything you've alleged.