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Here at footnoted.org, we’re all about kicking the tires to see how something works, tastes or feels. Before my recent trip to Copenhagen, I bought an Ipod Touch to see how well the WiFi worked, only to return it and wait for whenever the new Iphone comes out. But the “officer evaluation program” at Circuit [...]
We couldn’t help but do a double-take as we read the proxy that Exxon Mobil (XOM) filed yesterday. And it had nothing — really — to do with compensation or perks. As the WSJ pointed out this morning, last year was pretty good for the company and yet the compensation for Chairman and CEO Rex [...]
Blackstone (BX) filed its first 10-K yesterday morning and given its year-end results, not to mention its sagging stock price, it’s not surprising that the company spent 27 pages highlighting potential risk factors. Among our favorites is the one where Blackstone warns about the difficulty of sustaining growth as a public company:
These requirements may place [...]
Yesterday, Coach (COH) announced that President and Chief Operating Officer Keith Monda would be stepping down at the end of June and that Limited Brands (LTD) executive Jerry Stritzke would be succeeding him. The release also noted that Reed Krakoff, Coach’s creative director, was extending his contract for another three years to 2014.
What the press [...]
The folks on the Compensation and Benefits Committee at Ameriprise Financial (AMP) feel our pain. “We realize,” they say in the company’s proxy, filed Monday, “executive compensation can be a complicated subject,” so they’ve “tried to make this year’s Compensation Discussion and Analysis easier to read.”
And yes, the font used in the footnotes to the [...]
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