As Express was circling the drain, its CEO secretly took home $1 million in perks [Yahoo! Finance]
Simon Property Group, Inc. (SPG)
Last simon property group, inc. earnings: 2/4 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.simon.com
Company Research
Source: Yahoo! Finance
But in exchange, you get a fat paycheck and a bunch of perks, like access to a private jet. Just make sure there's a (wink wink) legitimate business reason for that jet trip. And make sure your accountants know about those trips, so they can disclose it to federal regulators. Or, in the case of the former CEO of fashion retailer Express, just take the jet and hope no one notices. Here's the deal: In the three years that Express, the source of all your best going-out tops for Y2K parties, was sliding into bankruptcy , its CEO at the time, Tim Baxter, was taking advantage of nearly a million dollars' worth of C-suite perks, including “certain expenses associated with the CEO's authorized use of chartered aircraft for personal purposes,” according to the Securities and Exchange Commission. And Express allegedly didn't tell investors about it like it was supposed to. Express, which also operates Bonobos and UpWest, filed for Chapter 11 in the spring after years of declining sales
Show less
Read more
Impact Snapshot
Event Time:
SPG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPG alerts
High impacting Simon Property Group, Inc. news events
Weekly update
A roundup of the hottest topics
SPG
News
- JCPenney Remains a Question Mark [Yahoo! Finance]Yahoo! Finance
- JCPenney Operations in Q3 Turn Profitable Despite Sales Decline [Yahoo! Finance]Yahoo! Finance
- As Express was circling the drain, its CEO secretly took home $1 million in perks [CNN]CNN
- As Express was circling the drain, its CEO secretly took home $1 million in perks [CNN]CNN
- What's Behind the Traffic Increases at Simon Property's Malls? [Yahoo! Finance]Yahoo! Finance
SPG
Earnings
- 11/1/24 - Miss
SPG
Sec Filings
- 12/10/24 - Form 4
- 11/14/24 - Form SC
- 11/1/24 - Form 8-K
- SPG's page on the SEC website