Citadel Pushes Four-Year Non-Competes in Florida Lobbying Spree

Ken Griffin’s Citadel is putting its Florida lobbying muscle behind an effort to allow non-compete clauses and garden leaves of up to four years in its home state, tightening employers’ hold on well-paid staffers and executives considering defection.

The bill has cruised through the legislature and is awaiting the governor’s signature, with supporters saying it will make the state more appealing to companies at risk of losing an edge if key employees jump to rivals.

The measure allows four-year restrictions in contracts with people earning at least double the average local wage — typically more than $140,000 in urban ...