Shareholder advocacy
Shareholders vote disapproval of Simon's $120M bonus
May 21, 2012
Shareholders of Simon Property Group Inc. sent a resounding message to the company that they don't approve of a $120 million
retention award given to CEO David Simon.
MoreActivists plan to protest WellPoint political giving at meeting
May 15, 2012
J.K. WallA mix of union groups, activist investors and single-payer advocates will call for increased disclosure from WellPoint, and
some investment funds will vote against WellPoint board members who they say have failed to exercise proper oversight of WellPoint’s
political spending.
MoreShareholder group advises against Simon CEO bonus pay
May 7, 2012
Cory SchoutenSimon Property Group Inc. is firing back at a corporate governance advisory firm that has recommended Simon shareholders vote
against an employment agreement for CEO David Simon that includes a $120 million retention award.
MoreDeal with Walgreen perplexes Arcadia's investors
January 21, 2012
J.K. WallSomething doesn’t add up about Arcadia Resources Inc.’s agreement to sell its pharmacy business for a low price
of $2 million, according to many of the Indianapolis company’s investors.
MorePreferred-shareholders group may thwart buyout of Emmis
July 31, 2010
Anthony SchoettleEmmis Communications Corp. Chairman Jeff Smulyan’s effort to take the media company private could be derailed by a band
of preferred stockholders who oppose the plan.
MoreNational animal-welfare group targets Steak n Shake
January 14, 2010
Andrea Muirragui DavisThe Humane Society of the United States bought $2,000 worth of Steak n Shake stock this week in hopes of getting the company
to work with food producers that use humane farming methods.
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Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!
Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.
I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.
Thanks also for reminding us the other blue chip sponsors IMS has picked up.
Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...