Running for the boards…
Now that Tommy Thomspon has dropped his bid to run for President, there has to be a company or two where he can land a consulting gig or serve as a board member. A quick skim of SEC filings turns up at least five different companies that Thompson has been involved in, including Verichip (CHIP) which noted in the proxy it filed back in April that Thompson had stepped down from its board on March 8 to “devote his full time and efforts to running for President of the United States.”
There’s also Centene (CNC), whose board Thomspon was re-elected to back in late April and Pure Bioscience (PURE), which disclosed in this Q filed in June that Thompson owned about 1 million options, representing partial payment for a consulting contract that also pays him $12,500 a month. Come to think about it, that seems awfully cheap compared to the $175K a month that Rudy Guiliani was getting from Command Security (CMMD). Finally, there’s also Picis, which disclosed that Thompson was a board member in an S-1, but wound up withdrawing its registration statement last month.
Of course, none of these companies are particularly well known. And they certainly don’t offer the director fees and perks commonly found among the top-tier. So now that he presumably has lots of extra time, maybe Thompson will find a Fortune 100 board or two to sit on. Something in the health care industry perhaps, to reflect his former government role, like a United Health (UNH), perhaps.
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August 13th, 2007 at 1:29 pm
Oh geez, I have some of DOC which is merging
with Digital Angel ADSX. They own most of CHIP.
Wild rides. Boards were buzzing about whether
Tommy T will now have himself chipped.
DOC had a couple news releases today, one being
UN agency doing lama chipping in Peru.
I don’t know but after Minn bridge mess, an
ID chip with just passive med data doesn’t seem
so bad. Company is also into pilot locater beacons and such.
Sure isn’t as nasty as new China plans.
NYT: China high tech surveillance
http://www.nytimes.com/2007/08/12/busine...
Starting this month in a port neighborhood and then spreading across Shenzhen, a city of 12.4 million people, residency cards fitted with powerful computer chips programmed by the same company will be issued to most citizens.
Data on the chip will include not just the citizen’s name and address but also work history, educational background, religion, ethnicity, police record, medical insurance status and landlord’s phone number. Even personal reproductive history will be included, for enforcement of China’s controversial “one child†policy. Plans are being studied to add credit histories, subway travel payments and small purchases charged to the card.
“We have a very good relationship with U.S. companies like I.B.M., Cisco, H.P., Dell,†said Robin Huang, the chief operating officer of China Public Security. “All of these U.S. companies work with us to build our system together.â€
The role of American companies in helping Chinese security forces has periodically been controversial in the United States. Executives from Yahoo, Google, Microsoft and Cisco Systems testified in February 2006 at a Congressional hearing called to review whether they had deliberately designed their systems to help the Chinese state muzzle dissidents on the Internet; they denied having done so.