In order to attract a new top executive, some companies promise the keys to the corporate jet, as we footnoted here with I2 (ITWO) last year. But Advance Auto Parts (AAP), which announced in late November that it had hired former Best Buy (BBY) executive (and AAP board member) Darren Jackson as its new CEO, [...]

Although gold stars are normally reserved for Fridays, Footnoted decided to start the weekend a bit early. Today’s shiny star goes to NII Holdings (NIHD), formerly known as Nextel International, which provides wireless service throughout North and South America. NII recently named long-time Board member and former executive Steve Dussek as CEO, where [...]

Last week, I asked footnoted.org readers to vote on the worst footnote in 2007. While I had picked it on my own in the past, I figured in this age of social media, it made more sense to put it out to a vote. Just over 600 people voted and it wasn’t much of a [...]

Footnoted regulars know that we’re always looking for those odd parting gifts, like furniture or plane tickets or even a plane. So perhaps a 2005 Mercedes Benz 430S, like the one spelled out in the severance agreement for Hanmi Financial (HAFC) President and CEO Dr. Sung Won Sohn isn’t that unusual. Hamni is a Los [...]

I used to marvel at the insanity of employment contracts allowing executives to be fired without severance pay only if they behave like sociopaths, which is known as “termination for cause.” I’m so jaded now that these deals hardly seem worthy of comment, but this agreement (filed with a 10-Q on Monday) between executive recruiting [...]