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Archive for the 'Chairman' Tag

Rite Aid’s expensive changing of the guard…

Thursday, January 28th, 2010

One of the more popular posts we’ve done here at footnoted — at least in terms of reader comments — was this one from two years ago on the lack of adequate products at a Rite Aid (RAD) store in Manhattan. Even after all this time, Rite Aid employees still write in to grouse about [...]

A new milestone: the $1.5 million director!

Monday, January 25th, 2010

Last week, we wrote about the new book, Money for Nothing which takes a hard look at directors of publicly traded companies. On Friday, we came across Exhibit A for the authors when we caught this proxy filed by Bway Holding (BWY), an Atlanta-based company we’re guessing most people aren’t too familiar with, given its [...]

More dirty laundry on Xerox/ACS deal…

Wednesday, November 25th, 2009

We’ve been skeptical about the deal between Xerox and ACS ever since it was announced on Sept. 28. As we wrote over on Research Edge last month, after the S-4 was filed, this seemed like an awfully good deal for ACS Chairman Darwin Deason and a few other top executives at ACS “and nothing all [...]

Safe and secure at ACS…

Friday, August 28th, 2009

Every now and then we come across a particular filing and we ask ourselves: do the attorneys who actually write this stuff believe what they’re writing? That’s exactly the reaction we had when we read the 10-K that Affiliated Computer Services (ACS) filed late yesterday. Here’s a snip:
We maintain an overall security program for Mr. [...]

Denbury Resources’ CEO Extracts a Lucrative Exit…

Wednesday, July 8th, 2009

On June 30th, company founder Gareth Roberts stepped down as the president and CEO of Denbury Resources Inc. (DNR), an oil and natural gas company that operates in Mississippi, Louisiana, Alabama, and Texas.  And, based on the 8-K the company filed yesterday, we know that the concept of the Golden Parachute is alive and well. [...]