Cycling Forums   View New Forum Topics
Today's Forum Topics

Set as homepage

Go Back   Cycling Forums > Bike Racing > Road Racing > rec.bicycles.racing
User Name
Password
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Welcome to CyclingForums.com

You are currently viewing our website as a guest which gives you limited access to view most discussions. You will have to register before you can post to this thread.

By joining our free online community you will have access to post new topics, communicate privately with other cyclingforums.com members (PM), respond to polls, upload photos and access other special features like product reviews and classifieds.


LA - MIA

 
Thread Tools Search this Thread Display Modes
Old 23-04.-2008, 12:19 AM   #1
dave a
Guest
 
Posts: n/a
Default LA - MIA

From the NYT:

THE ABSENTEE DIRECTOR Last year was exceptionally trying for the
directors of Morgans Hotel Group, whose former chief executive, W.
Edward Scheetz, resigned after a young woman died in his Las Vegas
condominium, apparently of an accidental drug overdose. The company’s
board held 11 scheduled meetings and a number of ad hoc meetings in
connection of the departure of Mr. Scheetz, according to the latest
Morgans proxy statement.

Having a director with the stamina to repeatedly ride a bicycle up some
of the highest peaks in the French Alps would seem to be a bonus in
times of such stress. Yet Lance Armstrong, the seven-time winner of the
Tour de France, did not attend a single meeting of his fellow Morgans
directors last year, the proxy states. Early this year, Mr. Armstrong
gave up his seat on the board after collecting more than $70,000 in fees
and company stock in 2007.

Through a spokesman, the company said: “Lance Armstrong was a valued
member of our board of directors. During Mr. Armstrong’s service, he was
engaged and readily available to the C.E.O. and other directors for
consultation on various issues and projects.”
PATRICK McGEEHAN
  Reply With Quote
Old 23-04.-2008, 03:49 PM   #2
zzfranklin@mac.com
Guest
 
Posts: n/a
Default Re: LA - MIA

On Apr 22, 8:19 am, dave a <blkcatREMOVET...@gmail.com> wrote:
> From the NYT:
>
> THE ABSENTEE DIRECTOR Last year was exceptionally trying for the
> directors of Morgans Hotel Group, whose former chief executive, W.
> Edward Scheetz, resigned after a young woman died in his Las Vegas
> condominium, apparently of an accidental drug overdose. The company’s
> board held 11 scheduled meetings and a number of ad hoc meetings in
> connection of the departure of Mr. Scheetz, according to the latest
> Morgans proxy statement.
>
> Having a director with the stamina to repeatedly ride a bicycle up some
> of the highest peaks in the French Alps would seem to be a bonus in
> times of such stress. Yet Lance Armstrong, the seven-time winner of the
> Tour de France, did not attend a single meeting of his fellow Morgans
> directors last year, the proxy states. Early this year, Mr. Armstrong
> gave up his seat on the board after collecting more than $70,000 in fees
> and company stock in 2007.
>
> Through a spokesman, the company said: “Lance Armstrong was a valued
> member of our board of directors. During Mr. Armstrong’s service, he was
> engaged and readily available to the C.E.O. and other directors for
> consultation on various issues and projects.”
> PATRICK McGEEHAN


Look at it from LA's point of view. He joins the board and he's got
to deal with
the CEO's dead fill-in-the-blank? He's LA, not water carrier.
  Reply With Quote



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump



All times are GMT +10. The time now is 06:56 PM.


Powered by: vBulletin Copyright © 2000 - 2008, Jelsoft Enterprises Ltd.
Copyright © 2001 - 2006 cyclingforums.com