Stock woes cause Aflac executives to trim, give up bonuses

Aflac Chairman and CEO Daniel P. Amos is giving up his 2008 bonus —- a payout that would have netted him $2.8 million —- because of the Columbus-based supplemental insurer’s depressed stock price.
Kriss Cloninger III, the company’s president and chief financial officer, is reducing his bonus by 35 percent or about $477,000.
The announcements, made after the close of markets Monday, come even though Aflac executives Read the rest of this entry »

February 21, 2009 | , , , , , , ,
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Vistage Helps Executives Perform and Profit in Economy

, developer of The Five Attributes of Highly Profitable
Companies and CEO of The Prosen Center for Business Advancement,
believes CEOs who pay attention to their companies’ leadership, sales,
operations, finances and customer base can still profit in today’s down
economy.
Prosen addressed CEOs of Main Street businesses during a recent Webinar,
Increase
Performance and Profit Regardless of Economic Read the rest of this entry »

November 1, 2008 | , , , , ,
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SEC wants to probe Reserve Management, top executives

Reserve Management, whose flagship Primary fund fell below the $1-a-share standard for money market funds in September, raising the specter of losses for millions of investors, announced the development on the firm's website.
The SEC enforcement staff notified Reserve's attorneys on Dec. 18 of plans to recommend action against the New York-based firm, its president, Bruce Bent, and his sons, Bruce Bent II, the company's senior vice president, and Read the rest of this entry »

August 4, 2008 | , , , ,
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Stock, credit mess stumps top executives

Why should we worry, I asked Allan Gilmour early Thursday afternoon, that Ford Motor Co. stock was trading at a pitiful $2.50 and that giant General Motors Corp. was worth less than $6 a share?
Gilmour, 74, a finance whiz so esteemed that he served
as Ford's vice chairman and chief financial officer, answered this way in a telephone interview:
"These companies," he said, "are not in any worse shape or better shape than they were a week ago, Read the rest of this entry »

July 3, 2008 | , , , ,
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Bank of Commerce Promotes Three Executives

Charlotte-based Bank of Commerce has promoted three executives: Chief Financial Officer David Keul to the position of Executive Vice President; Chief Lending Officer Derek Thompson to the position of Executive Vice President; and Stewart Hester to the position of Senior Vice President. 
Keul has been with Bank of Commerce since its formation in 2005. 
is a Certified Public Accountant and earned his BA in Accounting from Belmont Abbey College Read the rest of this entry »

February 20, 2008 | , , , ,
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Goldman Executives Restrained From Stock Sales in Buffett Deal

Oct. 3 (Bloomberg) --
's Berkshire Hathaway Inc.
, Chief Financial
Officer David Viniar and Co-Presidents
and Jon
Winkelried are named in the ``material definitive agreement''
disclosed yesterday by New York-based Goldman in a regulatory
filing.
The accord prevents the executives, their families and their
estates from selling more than 10 percent of the common stock
they own until Oct. 1, 2011, or until Berkshire redeems its $5
billion Read the rest of this entry »

February 15, 2008 | , , , , , , ,
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Top Industry Executives Gather at First Annual Spectrum Event

About RTG: RTG is a Section 501(c)(6) trade association dedicated
to promoting wireless opportunities for rural telecommunications
companies. RTG's members are small businesses
serving or seeking to serve secondary, tertiary, and rural markets. RTG's
members are comprised of both independent wireless carriers and wireless
carriers that are affiliated with rural telephone companies. For more
information Read the rest of this entry »

November 28, 2007 | , , , , , ,
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Auxis Executives to Present at the Council of Supply Chain …

Auxis is a management consulting firm dedicated to enabling growth for
our clients. Our core belief is that our success should be measured by
tangible and sustainable financial results. Simply put, Auxis helps
clients prosper. Auxis can help you to adapt your supply chain for the
benefit of your customers, business partners, and shareholders through
service offerings such as strategic evaluation, sourcing and Read the rest of this entry »

November 4, 2007 | , , , , ,
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Executives Replaced at Borders as Sales Fall

, the troubled bookstore chain, announced a management shake-up on Monday, replacing its chief executive, George L. Jones, with Ron Marshall, most recently a principal of Wildridge Capital Management, a private equity firm.
The company, which also appointed a new chief financial officer, reported at the same time that holiday sales had plunged more than 11 percent.
Mr. Jones joined Borders two and a half years ago. During his tenure, Borders struggled Read the rest of this entry »

October 26, 2007 | , , , ,
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Motorola shares up after executives buy stock

Investors seemed ready to follow the lead of Motorola Inc.'s executives Monday, bidding shares up more than 4 percent after filings showed the company's top two leaders snapped up more shares last week.
The mobile handset maker's stock jumped 17 cents, or 4.4 percent, to $4.05 in morning trading. Shares are still off about 66 percent from an annual high of $11.92.
Securities and Exchange Commission filings indicate co-Chief Executive Greg Brown Read the rest of this entry »

September 26, 2007 | , , , ,
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