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At the beginning of February, CIT Group, Inc. (CIT) announced that its president and Chief Operating Officer, Alexander Mason, would leave the company on February 26th. Mason joined the company June 16, 2008, putting his tenure there at just over 19 months.
When the announcement was made on February 1st, the company issued a press [...]
One of the challenges of reading annual reports is sifting through the massive dump of exhibits and figuring out what has been filed previously and what hasn’t. And despite what you’re probably thinking, that work isn’t always as glamorous as it sounds.
Occasionally, though, the scrutiny pays off, as it did when we reviewed the [...]
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), [...]
Last fall’s public stand-off between Time Warner Cable, Inc. (TWC) and News Corp. (which owns the Fox broadcast network) involved a public spat over fees, but – as consumers know – regardless of which company was “right,” consumers’ bills went up. And if the prediction in this article is correct, annual hikes of about 5% may [...]
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 [...]
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