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Yesterday, Jones New York (JNY) filed an 8-K that disclosed the terms of its new employment agreement with fashion wunderkind Richard Dickson.
Next Monday, Dickson, who’s only 41, will become the President and CEO – Branded Businesses of the Company for Jones Apparel Group, Inc. He’ll report to Wesley Card, who is giving up the title [...]
As foreign work assignments go, Switzerland surely must be on a lot of short lists.
For two executives at Foster Wheeler AG (FWLT), a global engineering and construction contracting company, those assignments come with some very nice benefits… especially if they tough it out for a few years.
The company announced last month that it was moving [...]
Fall quarter finals are over, I’m celebrating my 21st birthday today, and Christmas is right around the corner. Consequently, the only thought that comes to my mind is “HOORAY!”
I’m looking forward to catching my breath, relaxing, and enjoying some time with my friends and family. Yet while the next three weeks will provide a nice [...]
Back in May, we thought it seemed kind of odd that Morgan Stanley (MS) Chairman and CEO John Mack’s contract had been updated, but that the length of the contract had not changed. Yesterday, with the news that Mack was stepping down as CEO, it suddenly became clear why.
A careful reading of that revised contract [...]
We’re starting to get bored writing about Martha Stewart Omnimedia (MSO) as much as we do. Within the past year, we’ve written about founder Martha Stewart’s guaranteed bonus and the $2 million she gets to allow her various homes to be used for production purposes. There was also the overly sunny letter that she penned [...]
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