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Companies often announce a new hire to great fanfare, then quietly file the executive’s pay agreement a few days or weeks later. Sometimes, no doubt, it takes a while to finalize the deal. Other times, we’re pretty sure someone wants to avoid attention. So when IAC/InteractiveCorp. (IACI), Barry Diller’s online empire, filed an 8-K with [...]
Executives get paid a lot, we all know that, and then they often get paid more on the way out the door. Fine. But every now and then, a filing comes around that makes us wonder: Where can we sign up? So it was with the transition details for Charles G. Berg, unveiled in an [...]
Once upon a time, Classmates.com was a promising start-up. But then Facebook opened its doors to everyone and, perhaps more importantly, it was free. We won’t rehash that whole sorry tale here, but we were reminded of it recently when we saw that United Online (UNTD), which owns the site, had inked a new employment [...]
Yesterday, Apple (AAPL) announced that it had appointed former Northrup Grumman (NOC) Chairman and CEO Ronald Sugar to its board of directors. While the news didn’t generate quite the level of buzz as Apple’s Beatles announcement a day earlier, as all things Apple tend to do, it still generated plenty of attention. Like the seven [...]
Back in early August, we footnoted the decision by Hyatt Hotels (H) to abandon the Hyatt Regency Princeton after falling behind on the mortgage. At the time, we contrasted the corporate decision to abandon a property it no longer wanted with similar decisions that countless Americans are making about their homes. Now we know how [...]
