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Tag Archives: shareholders

Dole Food CEO, former top exec ordered to pay $148M

DOVER, Del. — A Delaware judge on Thursday ordered 92-year-old Dole Food CEO David Murdock and a former top lieutenant to pay $148 million in damages for misleading directors and shareholders in a deal that took the company private in ...

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Under Armour stock plan: Good for Plank, but what about shareholders?

Despite a debate over whether Under Armour’s proposed change in stock structure is good for shareholders, analysts who cover the company expressed confidence that strengthening founder Kevin Plank’s control would be a positive for the fitness and apparel maker’s future. ...

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Here’s how Under Armour’s stock split will boost Plank’s control of company

Kevin Plank

Under Armour’s board of directors approved a change to the company’s stock structure that would permit the company to continue expansion while also allowing founder and CEO Kevin Plank to maintain control. The 2-for-1 stock split, which needs approval by ...

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