The many paychecks of Barry Diller…
No one can accuse Barry Diller of putting all his eggs in one basket. Indeed, the busy septuagenarian just got a few new “eggs,” thanks to the 8-K that TripAdvisor, Inc. (TRIP) filed late last Friday afternoon. Filed at 4:02 p.m. on April 20, the brief filing (which also gives Stephen Kaufer, TripAdvisor’s president and CEO, a...
The many paychecks of Barry Diller…
No one can accuse Barry Diller of putting all his eggs in one basket. Indeed, the busy septuagenarian just got a few new “eggs,” thanks to the 8-K that TripAdvisor, Inc. (TRIP) filed late last Friday afternoon. Filed at 4:02 p.m. on April 20, the brief filing (which also gives Stephen Kaufer, TripAdvisor’s president and CEO, a...
Director pay: how high can it go?
We’re deep in the heart of proxy season, at least for the next few weeks (the deadline for companies on a calendar year is April 30), which means that each new day brings a crop of new and exciting disclosures about those Demi-gods who either run public companies or are lucky enough to be invited...
Big bucks for (a different) Deepak Chopra…
Deepak Chopra is probably best known for his emphasis on mind and spirit in health — whether he’s a wise influence in holistic medicine or a fuzzy-thinking New Age marketer is a matter of interpretation, but there’s no doubt that he’s created a sprawling empire through his books, speeches and the like. As far as...
Dreams of retirement at Medicis …
There are big raises, and then there are big raises. Jonah Shacknai, chairman and chief executive of Medicis Pharmaceutical (MRX) got one of the latter kinds in 2011 — but it isn’t quite what it seems, which may be unsurprising given the company’s colorful approach to pay. We last footnoted Medicis in August, you may recall, to...
Beautiful numbers for Avon’s #2…
Avon Products, Inc. (AVP) is struggling on many fronts, which surely factored into Coty Inc.’s unsolicited proposal this week to buy Avon for $10 billion, a bid that the cosmetics giant rejected as undervalued. Even beyond that, though, Avon’s FCPA woes in China continue, millions of dollars have been spent on the investigation and defense, and former CFO Charles...
No equivalent for “dividends” at Invesco, others …
One of the more curious executive compensation practices to develop over the years is the “dividend equivalent,” also sometimes called hypothetical, unvested or deferred dividends, among other terms. These are dividends, or payments in lieu of actual dividends, that are paid on on shares of stock that the executive doesn’t yet own — a fascinating...
Ups, downs & departures at Collective Brands…
There have been so many changes at Collective Brands, Inc. (PSS) in the past year that those who are left must feel like they’ve been on one doozy of a roller coaster ride. Be that as it may, the ride has surely been more thrilling for some than for others. Last June, the company lost...
Barry Cottle has 30 million reasons to join Zynga
Back in January, the decision by Barry Cottle to leave Electronic Arts (EA) and join the newly public Zynga (ZNGA) generated lots of buzz. In this story, the LA Times described Cottle’s move as part of a bigger “hunting game” for big name gaming talent, noting that Cottle, whose avatar is pictured here, “was the...
Man of steel gains as Nucor stockholders languish…
Let’s hear it for the corporate boss who gets a 20% raise — or maybe 88%, depending how you count — when his company lost shareholders 6.4% for the year, saw returns trail the S&P 500 by 8.5 percentage points, and has seen returns trail its industry by 12 points over the last three years....
