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Archive for the 'gross up' Tag

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 [...]

Down memory lane with Spectrum…

Thursday, December 11th, 2008

It’s been nearly three years since we first footnoted Spectrum Brands (SPC). At the time, it seemed like it was almost too silly to write about: a company airbrushing its 5-year performance chart, even though that sort of information was readily available even to those of us without a Bloomberg terminal. The point we were [...]

Many perks and one gold star at Ameriprise…

Wednesday, March 12th, 2008

The folks on the Compensation and Benefits Committee at Ameriprise Financial (AMP) feel our pain. “We realize,” they say in the company’s proxy, filed Monday, “executive compensation can be a complicated subject,” so they’ve “tried to make this year’s Compensation Discussion and Analysis easier to read.” And yes, the font used in the footnotes to [...]

First Horizon’s gold star…

Friday, February 22nd, 2008

As footnoted regulars know, companies that file late on a Friday, especially before a holiday weekend, tend to be trying to hide something. So it’s not entirely clear to me why First Horizon (FHN) waited until late last Friday to file this preliminary proxy. One would think they’d want to shout some of the things [...]