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On Friday, RV manufacturer Thor Industries (THO) issued this press release announcing that it had named a new Chief Operating Officer, Richard “Dicky” Riegel III. Missing from the release, but included in the 8-K filed later that day was the fact that Riegel, 41, is the son-in-law of Thor’s Chairman, CEO and President, Wade F.B. [...]
Back at you, SEC bureaucrats. That’s more or less what Rambus Inc. (RMBS) said in two 10-Qs filed Wednesday. In both filings (first quarter and first 6 months), the company chose to list as a risk factor the “uncertainty” created by changing standards of corporate governance and disclosure. In particular, it griped that many “new [...]
When International Rectifier (IRF) announced late Tuesday that its long-time CEO, Alex Lidow, who had been placed on leave just before Labor Day, had resigned “effective immediately”, it left many questions unanswered. As the LA Times reported, Lidow, pictured ringing the bell at the NYSE two years ago, was the third high-ranking executive to leave [...]
