No news is good news by Dell
- De Association of effects owners will during the shareholders assembly of UPC on 17 May ask put about the reward of CEO Mark Schneider, as reports The Financial Newspaper. From by the American purse watchdog SEC submitted documents appeared Schneider last year a salary of 548,000 Euros to have earned, 32 per cent more than the year for it. Furthermore Schneider 7.7 million guilder would have earned with the practice of options on shares Chello. Schneider sold the shares against a price that he self fixed. The salary of John Riordan, the second man of UPC, appeared with 56 per cent to be risen until 523,000 Euros. The VEB names the events 'scandalously', gelet on the loss of two billion euro that UPC this soft announced and the enormous course drop of UPC the past year.
- De management of Versatel has this and last year options on shares of the business receive that already by a course of 2 euro penny count landlord be. That reports NRC trade Journal on basis of data of the SEC. The course of Versatel amounted to thursday noon approximately 4.50 Euros. According to the data of the SEC has Versatel at six management members last year 400,000 and this year 122,000 options provides with an uitoefenprijs of 2 euro penny. A spokeswoman of Versatel recognizes opposite NRC trade Journal that the options on to catch be as a 'present'. The options would be meant to bind the managers at the business. The Association of effects owners is not also about this question awful to speak. According to adjunct-manager Van the Groenewout, the shareholders, 'that well contend with large losses' turn, on for the 'present'.
Earlier relevant messages:
Loss UPC walks on until two billion euro (02 April 2001)
First discharge round ever by Dell after disappointing figures (16 February 2001)
Versatel reorganizes lose after doubling (07 March 2001)