Frugal gourmets? Yes. Frugal CEOs? Not so much. I really enjoy Michelle Leder’s posts at footnoted* and was stopped in my tracks with her recent headline that appeared to announce that she had found another frugal CEO, aside from Warren Buffett. The proxy filed by Dresser-Rand (DRC) indicated they had “agreed to purchase Mr. Volpe’s […]
Tag Archives | Michelle Leder
Corporate Treasury as Founder's Piggybank
James McRitchie, 07/02/2010 ,
Measuring what’s due at Polo Ralph Lauren …, Michelle Leder footnoted* post for today asks an interesting question, “when a company is still headed by its founder, and where that founder still holds a significant chunk of the shares, are giant paychecks more tolerable, short of outright exploitation?” Ralph Lauren is chairman and chief executive. […]
Footnoted is now a part of Morningstar
James McRitchie, 02/10/2010 ,
For years I’ve been fascinated and sometimes shocked by the revelations of Michelle Leder on *footnoted.org. Yesterday, I held my breath when starting to read Morningstar acquires footnoted! While she wasn’t able to negotiate for keys to a corporate jet, or any of the other “perks” she frequently discusses in her posts, I as delighted […]
Directors From Failing Boards: A More Nuanced Approach
James McRitchie, 12/30/2009 ,
Gretchen Morgenson’s What Iceberg? Just Glide to the Next Boardroom (12/26/09) tells of directors who were supposedly minding the store as disaster struck at companies like Countrywide Financial, Washington Mutual or Fannie Mae and how many have moved on to other boardrooms. Morgenson’s article implied that shareowners should vote them out at their new companies. […]