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It must be nice to get a raise before you even start your job. Congratulations to Stephen P. Joyce, who received one the day before his official arrival at Choice Hotels International (CHH).
Back in March, Choice announced that Joyce would become President and COO starting May 1. (He’ll ascend in October to the CEO post, [...]
When Steven Madden Ltd. (SHOO) first announced the exit of CEO Jamieson Karson in March, I didn’t think much of the boilerplate in the 8-K stating that
Mr. Karson’s resignation was not the result of any disagreement with the Company’s operations, policies or practices. For the purposes of determining any payments to which Mr. Karson [...]
Some say any publicity is good publicity, but the folks at Morgans Hotel (MHGC) may disagree. Since former CEO Edward Scheetz was associated with a young woman’s unfortunate death last year, Morgans has been in the press’s sights. When Morgans was footnoted here in December for agreeing to spend $30K per month on NYC digs [...]
Motti Lichtenstein, CEO of the IDT Telecom subsidiary of IDT Corporation (IDT), departed on April 1 “to pursue other business opportunities” (press release here). If I were Mr. Lichtenstein, I’d be in no rush to find those opportunities, given the nice post-separation deal he and IDT have cooked up. (IDT has been a bit [...]
We seem to be honoring the sport of golf today at footnoted, although that’s not particularly unusual around here.
In its proxy filed Friday, Callaway Golf (ELY) explained that the “complexity and competitiveness” of its business necessitates paying “above median compensation” so it can attract executives with sufficient smarts. (Yes, theirs is a complex business. Take [...]
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