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Archive for the 'CEOs' Tag

Freshly-baked employment agreements at Dominos…

Wednesday, March 3rd, 2010

In addition to the exciting news reported yesterday about Dominos Pizza, Inc.’s (DPZ) impressive profits, the company also released information about deals with two top executives.
On March 8th, J. Patrick Doyle will replace David Brandon as President and CEO. And as Doyle’s employment agreement shows, (filed yesterday as an exhibit to Dominos’ annual report), [...]

A lavish send-off for Pulte…

Friday, February 19th, 2010

Thursdays are my current events days. For people in the working world, this might seem strange, but it’s common lingo used among us nerdy Northwestern journalism students. Without a doubt, every Thursday our professors begin class with an extensive current events quiz, and I must admit that while I usually do well on these, yesterday [...]

Cincinnati Bell’s magical compensation lamp…

Thursday, February 11th, 2010

Employment agreements are, no doubt, the result of serious negotiations between a company, an employee, and a gaggle of attorneys and staff from Human Resources.
The filing that caught our attention this time concerns an 8-K that Cincinnati Bell, Inc. (CBB) filed earlier this week.  But before we disclose what popped out of the magical compensation [...]

Looking past “the little stuff” at Eli Lilly…

Wednesday, February 10th, 2010

Proxies – like novels – often take dramatic turns.  An example is the preliminary proxy that pharmaceutical giant Eli Lilly and Company (LLY) filed on Monday.
There were some small discoveries, such as the note on p. 41.  It said starting this year, the company will no longer pay executives for the tax reimbursements for expenses [...]

Tyco’s Attempts at Frugality….

Wednesday, January 20th, 2010

Is anyone up for a little guessing game?  It involves the proxy that Tyco International Ltd. (TYC) filed last Friday.
First, read a snippet from the Fiscal Summary on p. 37:
Overall, fiscal 2009 was a challenging year for the Company, as the global economic recession adversely affected the Company’s businesses across nearly all industries and regions…In [...]