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Commentary: Excessive executive pay for plain dumb luck
CEO pay is rigged. If that sounds more like a late-night presidential tweet than a fact, let’s consider the evidence. The compensation packages of the chief executive officers of America have been rising faster than just about any rational metric upon which they are supposedly based. “CEO pay grew an astounding 943% over the past […]
HCR Home Care exec recognized
HCR Home Care CEO and Chair Louise Woerner of Rochester has been recognized with the Distinguished Service Award from the Rochester Academy of Medicine. The annual award recognizes medical professionals who have given back to the local community. Woerner was selected for her service to the medical and health care professions as an entrepreneur and […]
Kodak CEO Perez talks about company’s future
You can feel the spirit of George Eastman in Antonio Perez’s office. A picture of Eastman, who founded Kodak in 1880, sits among the current CEO’s collection of family photos. The outer areas of Perez’s office, built and first inhabited by Eastman about a century ago, include some of Kodak’s Oscar and Emmy awards, along […]
New president, CEO at CNB
Frank H. Hamlin III is the new president and CEO of Canandaigua National Corp., succeeding George W. Hamlin IV. The change, effective March 29, is in accordance with the company’s CEO succession plan established in September 2010. The appointment was unanimously approved by the board of directors. Frank H. Hamlin III was named president in […]
NY top court upholds firing compliance officer
ALBANY — New York’s top court has upheld the firing of a hedge fund’s compliance officer who says he confronted its chief executive about improperly selling personal stock ahead of making the same transactions for the firm’s clients. The Court of Appeals, divided 5-2, is rejecting Joseph Sullivan’s damages claim against Peconic Partners, Peconic […]
Removal of Seneca Nation president voided by clerk
BUFFALO — A power struggle within the Seneca Indian Nation in western New York has taken another turn. On Saturday, the Seneca Tribal Council voted 10-6 to remove Robert Odawi Porter as chief executive officer. But on Sunday, the Seneca clerk voided that vote on a procedural technicality. The clerk says the nation’s ethics laws […]
Constellation adds Harley CEO to board
VICTOR — Constellation Brands Inc., which sells Robert Mondavi wine, Svedka vodka and Corona beer, is boosting the size of its board from eight to nine members and named Harley-Davidson Inc. President and CEO Keith Wandell as a board member.
Wine maker’s CEO’s compensation jumps 25 percent
A federal filing from Constellation Brands Inc. shows that its chief executive and president saw his pay package rise 25 percent as the alcoholic drinks company's became more profitable but lost its status as the world's biggest wine maker.
Dow Corning names president Hansen as new CEO
MIDLAND, Mich. — Dow Corning Corp. said Tuesday it has named president Robert D. Hansen its new CEO, replacing Stephanie A. Burns. Hansen, 50, has been with Dow Corning for 29 years. He's been president since November of last year.
Corning CEO got $9.35 million in 2010
CORNING — The chief executive and chairman of Corning Inc. saw his pay package rise by 19.6 percent last year, as the specialty glassmaker benefited from surging demand for ultra-thin glass used in television monitors, smart phones and touch-screen tablets.
CEO looks to 2012 as Kodak’s turning point
After nearly six years at the helm of Eastman Kodak Co., Antonio Perez is reminding Wall Street that the photography pioneer is still a year away from turning itself back into a reliably profitable company.
Nixon Peabody names new CEO
International law firm Nixon Peabody LLP announces that Andrew I. Glincher will officially assume the role of chief executive officer and managing partner, effective Tuesday.
Case Digests
- Fourth Department – Negligent performance: Rosenthal v. Syracuse University, et al.
- Second Circuit – Visual Artists Rights Act: Kerson v. Vermont Law School Inc.
- NYS Advisory Committee on Judicial Ethics – Former foreclosure referee: Opinion 22-157
- NYS Advisory Committee on Judicial Ethics – College honorarium: Opinion 22-156
- Second Circuit – Reasonable accommodation: Tafolla v. Heilig
- Fourth Department – Labor Law: Primisch v. Peroxychem LLC
- NYS Advisory Committee on Judicial Ethics – Judicial candidacy: Opinion 22-155
- Fourth Department – Defamation: Lavine v. Glavin
- NYS Advisory Committee on Judicial Ethics – Law clerk: Opinion 22-154
- NYS Advisory Committee on Judicial Ethics – Review of another judge’s actions: Opinion 22-153
- NYS Advisory Committee on Judicial Ethics – Charitable contributions: Opinion 22-150
- Second Circuit – Class action settlement: Moses v. The New York Times Company
Law News
- Appeals court upholds conviction
- Federal lawsuit reinstated against jail officer over strip search, delayed release
- Hyzon to pay $25M penalty to settle alleged fraud charges by SEC
- NY appeals court reinstates lawsuit over contract to remove snow
- Fourth Department affirms $400K judgment in contract dispute
- Fourth Department affirms decision in NY property dispute
- Greenlight Networks selects Buffalo-based attorney as general counsel
- Barclay Damon hires attorney Matt Smith
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