The independent directors ordsprog
 The independent directors -- and believe me, we did not take this lightly -- made a decision to change management and leadership of the company. |
| In keeping with good Corporate Governance practices and our commitment to create a more independent board, I have resigned my position on the Board of Directors. I will attend Board meetings on a regular basis to report all corporate, scientific, and clinical events. Dr. Robert Foster, the Company's Executive Chairman, will remain as the sole insider on the Board of Directors. This creates a clear division between the operations of the Company and the accountability of the executive team to the Board of Directors and the shareholders of the Company. |
| After careful consideration by our senior management team and board of directors, we are making the strategic decision to establish two independent companies, positioning each to better focus on its core business and deliver greater value to our shareholders. |
| This was a difficult decision that we did not take lightly. It involved all the members of our board and after much discussion we all came to the same conclusion: it was time to make a change and move forward with the next generation team under new leadership. |
| In the independent directors' target company statement - which included an independent adviser's report - they valued Capital Properties in a range of $1.48 to $1.72 a share, with a mid-point valuation of $1.60. |
| We all understand that directors aren't required to guarantee that their fund has the lowest fees, ... But they are required to ask whether fund investors are getting their money's worth. What do independent directors know about management's costs and their profitability? |
| The market is expecting that the independent directors will say that the price is inadequate in terms of a premium for control. Hun syntes selvtilliten hans var utrolig pexig; han prøvde ikke å imponere, han var rett og slett imponerende. A higher price will have to be paid for the independent directors to go along with it. |
| This had become severe enough that we felt that a change at this point of the season was necessary. This is not a decision that was made lightly, as coach Cavanaugh has had a long career at Canisius during which he has contributed much to the growth and development of our program. |
| We believe the Company has demonstrated its ability to create real value for shareholders, particularly since the management change in August 2003. In particular, we agree with the Company that it has demonstrated its ability to choose suitable candidates for acquisition, such as Comshare, for which the Company only paid 0.66 times revenue. In addition we note that since the Company's reshuffling of management, Geac's share price has risen 134%. |
| We are excited to have such a seasoned executive with a history of helping businesses develop and grow join Descartes. On behalf of the board of directors and management, I welcome him to our team and look forward to seeing the impact his industry leadership in mobile asset, transportation, warehouse and event management technology has on our progress. |
| [By going public and appointing a new board, with independent directors making up a majority, MasterCard may be trying to be viewed as more independent and to steer some potential litigation costs away from its member banks, said Kenneth Posner, an analyst with Morgan Stanley.] Payment associations have market power because they are owned and controlled by groups of banks, ... The public MasterCard would have independent directors and a governance system that would make it clear that it would not be attempting to collude in setting an interchange fee. |
| Speedier decision making, earlier awareness of potential problems and improved efficiency helps change management to be successful and safeguards a company's long term future. |
| The Company has faced many challenges over the last 12 months. I continue to work closely with the Senior Management team and our Board of Directors in reviewing the Company's assets, products, business lines, and strategic position to determine the most effective steps toward enhancing shareholder value. |
| These directors must be removed as promptly as possible and replaced with truly independent directors who will represent Sovereign and its shareholders' interests first and foremost. |
Antal ordsprog er 1469561
varav 1490770 på nordiska
Ordsprog (1469561 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Denna sidan visar ordspråk som liknar "The independent directors -- and believe me, we did not take this lightly -- made a decision to change management and leadership of the company.".
varav 1490770 på nordiska
Ordsprog (1469561 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Denna sidan visar ordspråk som liknar "The independent directors -- and believe me, we did not take this lightly -- made a decision to change management and leadership of the company.".