While I’ve yet to see research on this, there simply has to be an inverse relationship between the number of club memberships and luxury cars an executive of a publicly traded company belongs to or drives and the stock’s performance. Vineyard National Bancorp (VNBC), which filed this 10-K yesterday, is simply the latest in a [...]

It must be nice to get a raise before you even start your job. Congratulations to Stephen P. Joyce, who received one the day before his official arrival at Choice Hotels International (CHH). 
Back in March, Choice announced that Joyce would become President and COO starting May 1. (He’ll ascend in October to the CEO post, [...]

Sometimes, a disclosure in a recent filing prompts you to dig a bit deeper and look back. That’s exactly what happened when I caught the following disclosure in Brandywine’s (BDN) proxy filed yesterday:
Represents (i) $516,685 for the cost for use of a private aircraft that we provide to Mr. Prentiss as a continuing benefit under [...]

Last week, Choice Hotels (CHH) filed this proxy and unlike a lot of directors who tend to take to company freebies like pigs at the trough — Al Gore’s use of Apple (AAPL) products is just one example — there’s plenty of room at the inn that Choice directors aren’t using.
The giveaways, which are [...]

We seem to be honoring the sport of golf today at footnoted, although that’s not particularly unusual around here.
In its proxy filed Friday, Callaway Golf (ELY) explained that the “complexity and competitiveness” of its business necessitates paying “above median compensation” so it can attract executives with sufficient smarts. (Yes, theirs is a complex business. Take [...]