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Archive for the 'gross up' Tag

It’s Gold Star Friday!

Friday, April 30th, 2010

The filings are pouring in fast and furiously today, but the footnoted staff is taking time out to share some celebratory news that’s definitely worth a gold star… maybe even two! We’ve come across several companies that are eliminating one of the grossest perks out there – the tax gross-up. Anyone who wades through proxies [...]

Foster Wheeler and the million dollar consultant….

Friday, March 19th, 2010

The Ides of March may have been unlucky for Julius Caesar, but it was a pretty good day for Raymond Milchovich. That’s because March 15th is the day that Milchovich, the Chairman/CEO of Foster Wheeler, Inc., (a subsidiary of Foster Wheeler AG) (FWLT), signed an agreement to retire as CEO on May 31, 2010 and [...]

Two more CEOs give back hard-earned perks…

Wednesday, August 26th, 2009

Recently, I was talking to a reporter and they asked me if I ever highlight anything good in the filings and it reminded me of how we used to do this thing called “Gold Star Fridays” where we tried to focus on good corporate behavior. But it’s been forever — well, February — since we [...]

Gold Star Friday returns…

Friday, February 6th, 2009

With all the news about overpaid and over-perked executives, it’s sometimes easy to forget that some companies are at least trying to do the right thing. It’s also been way too long since we’ve handed out any gold stars and, quite frankly, I can use a bit of positive news today. Two recent filings certainly [...]

Mark Hurd’s very full plate…

Wednesday, January 21st, 2009

Please see a correction to this post based on an error by HP. Late yesterday, Hewlett-Packard (HPQ) released its proxy. First, there’s the numbers on CEO Mark Hurd’s pay, which have been well-reported, but which illustrate just how screwed up the compensation disclosure rule really is. Reuters reports Hurd’s total comp at $42 million; the [...]