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As the phone-hacking scandal swirling around News Corporation (NWSA) grows ever more dramatic, we’ve been keeping an eye out for relevant filings. There haven’t been many — late last week came an 8-K with a handful of press releases about resignations already widely remarked on in the press, and yesterday’s 8-K included a terse statement [...]
If two data-points make a line, according to the old reporter’s saw, three make a trend. And by that measure, we’ve seen more than enough executives heading out the door with company-issued iPads to make it a trend. So let’s make it official: If you’re shown the door to the executive suite, you can snag [...]
We’ve never competed in the International Mathematics Olympiad, but the next one is coming up in July, and so in its honor we’ll offer this morning’s footnote in the form of a story problem: A homebuilding company pays its chief executive more than $21 million in cash, stock and other benefits over three years. Then, [...]
From our perspective, the proxy that Morningstar (MORN) filed this year is at once a little more and a little less interesting than the thousands of others that cross our inbox. More interesting because Footnoted is now part of Morningstar, so it’s a mild understatement to say we have a strong personal curiosity about its [...]
Ben Franklin supposedly once said, “Time is money,” but we found some modern day executives who illustrate the point nicely in 2011 terms. The first, Thomas Gerke, resigned from CenturyLink, Inc. (CTL) last December after serving as the Executive Vice Chairman from July 1, 2009 through December 15, 2010. Prior to that, Gerke spent a few years [...]
