Ahmad, Zavitsanos & Mensing LLC
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Recent Posts
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Tag Archives: executive compensation
Executives Cash in as Companies March Toward Bankruptcy
Neiman Marcus is the latest company to raise eyebrows with a generous performance- and retention-based compensation plan for a group of executives at a time when the company itself is fighting for survival. In July, investors, furloughed employees and bankruptcy trustee Henry Hobbs howled at the prospect of a $10 million compensation package for the high-end retailer’s CEO and a … Continue reading
Posted in CEOs, Complaints Against Executives, Corporate culture, Executive Compensation, Retention agreements, Severance Packages
Tagged bankruptcy, executive compensation, Neiman Marcus, retention agreements
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Harassment Skeletons in McDonald’s Closet Hasten CEO Steve Easterbrook Downfall
Even by today’s standards of board oversight in the #MeToo era, the speed of McDonald’s CEO Steve Easterbrook’s fall was breathtaking. In just four short years at the helm, Easterbrook was credited with nearly doubling the company’s share price and … Continue reading
Posted in CEOs, Complaints Against Executives, Corporate culture, Executive Compensation, Executive contracts, Workplace Romances
Tagged CEO, CEOs, consensual, executive compensation, executive employment, McDonald's, workplace romance
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Backlash Builds for Noncompetes
For a generation of workers, noncompete agreements have steadily crept into more and more facets of the working world to the point that even low- and middle-wage earners are increasingly being asked to sign the agreements as a condition of … Continue reading
Posted in Covenants Not to Compete, Non-Competes, Restraint of trade, Retention agreements, Severance Packages, Uniform Trade Secrets Act
Tagged CEO, CEOs, covenant not to compete, employment, executive, executive compensation, executive contracts, Joe Ahmad, Joseph Ahmad, non-compete agreements, trade secret, trade secrets, Uniform Trade Secrets Act
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C-Suite Lessons from Ghosn’s Nissan Ouster
For Carlos Ghosn – one of the highest-flying chief executives in the world (literally) – home has been a 50-square-foot cell since Japanese authorities announced a series of vague allegations against him for underreporting his compensation and misusing company property. … Continue reading
Posted in CEOs, Complaints Against Executives, Confidential Information, Corporate culture, Criminal Prosecutions, Executive Compensation, Fraud
Tagged CEO, CEOs, employment, executive, executive compensation, executive contracts, executive employment, executive employment lawyer, executives, Joe Ahmad
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#MeToo Zeitgeist Sends Quakes Through C-Suites
CEOs from three big U.S. chipmakers made unexpected career exits for improper behavior in the last two months alone, some on the job barely long enough to get their new business cards. Most recently and perhaps most surprising, Texas Instruments’ … Continue reading
Posted in CEOs, Complaints Against Executives, Corporate culture, Executive contracts, Executive Management Style, Workplace Romances
Tagged CEO, CEOs, executive, executive compensation, executive contracts, executive employment, executive employment lawyer, executives, Joe Ahmad, litigation, workplace romance
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As Date Nears for Google v. Uber Trade Secret Trial, Uber Insiders Describe Culture of Espionage and Secrecy
In the year since Google’s autonomous vehicle subsidiary Waymo first leveled allegations that Uber had poached star engineer Anthony Levandowski knowing that he was bringing a raft of stolen trade secrets with him, the contentious litigation has consistently revealed new … Continue reading
Posted in CEOs, Complaints Against Executives, Confidential Information, Corporate culture, Criminal Prosecutions, Defend Trade Secrets Act, Litigation, Trade Secrets
Tagged confidentiality agreements, corporate culture, covenant not to compete, executive compensation, executive contracts, executive employment, Joe Ahmad, Joseph Ahmad, legal, trade secret, trade secrets
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Two-Plane Habit: GE Exec’s Travel Latest Example of Wasteful Corporate Culture
GE shareholders and much of the business world were surprised to learn about the wasteful business travel practices of recently retired CEO Jeff Immelt. The WSJ reported recently that for much of his tenure at GE, Immelt traveled in a … Continue reading
Posted in CEOs, Complaints Against Executives, Corporate culture, Executive Management Style, Fiduciary Duty
Tagged CEO, CEOs, executive, executive compensation, executive employment, executive employment lawyer, executives, Joe Ahmad, Joseph Ahmad, litigation
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On the Court or in the C-Suite, Leaders Embrace Win-at-All-Cost Drive at Their Own Peril
The NCAA basketball kickback scandal is just getting started and it’s already bagged a big one – Louisville’s Rick Pitino, who was forced to resign after details of the wide-ranging probe were unveiled. Expect many more heads to roll as … Continue reading
Posted in CEOs, Complaints Against Executives, Corporate culture, Criminal Prosecutions, Executive Management Style, Sports contracts
Tagged CEO, CEOs, change of control agreements, executive, executive compensation, executive contracts, executive employment, executive employment lawyer, executives, Joe Ahmad, Joseph Ahmad, litigation, NLF executives
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Study Finds Public Losing Patience When CEOs Act Out
Add Hollywood mogul Harvey Weinstein, Amazon’s entertainment chief Roy Price and KB Home’s Jeffrey Mezger to the growing list of executives making headlines for the wrong reasons. One of the most powerful producers in Hollywood, Weinstein was forced out after … Continue reading
Posted in CEOs, Complaints Against Executives, Corporate culture, Executive Compensation, Executive contracts, Executive Management Style, Legal, Litigation
Tagged CEO, CEOs, executive, executive compensation, executive contracts, executive employment, executive employment lawyer, executives, Joe Ahmad, litigation, non-compete agreements
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Uber Leadership Vacuum Exposes Strings Attached to Startup Financing
The executive leadership vacuum at Uber and a series of PR missteps and management blunders is exposing the contentious push-pull dynamic between private equity and venture capital investors and startups that usually plays out behind the scenes and rarely makes … Continue reading
Posted in Business Continuity, CEOs, Change of Control Agreements, Complaints Against Executives, Corporate successsion, Executive Management Style, Legal
Tagged CEO, CEOs, change of control agreements, confidentiality agreements, covenant not to compete, employment, executive, executive compensation, executive employment, executive employment lawyer, executives, Joe Ahmad, non-compete agreements, trade secret
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