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10.14.2009 10:42 am

No bonus, but LaBarge CEO earns $987,294

St. Louis Post-Dispatch

Craig LaBarge earned $987,294 last year as chief executive of LaBarge Inc., the company disclosed in a proxy statement filed with the Securities and Exchange Commission. His salary came to $550,700, a 3 percent increase over the previous fsical year, and he…

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10.09.2009 5:58 pm

No bonuses — again — for Allied Healthcare executives

St. Louis Post-Dispatch

Allied Healthcare Products disclosed today that Chief Executive Earl Refsland got a 3 percent salary increase last year but, for the third year in a row, he and other executives got no annual bonuses. The company also won’t pay bonuses…

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09.24.2009 11:58 am

In a disastrous year, CEO pay fell just 0.08 percent

St. Louis Post-Dispatch

If you think corporate bigshots make too much money, then The Corporate Library has some good news and some bad news for you. The good news is that chief executives’ pay fell last year for the first time since the Library…

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08.19.2009 7:15 pm

Professor says “star” system hurts banking

St. Louis Post-Dispatch

Any politician worth his or her salt can attack Wall Street’s super-sized bonuses on fairness grounds. They’re bad because greedy bankers laid the economy to waste, they’re undeserved because taxpayers just  bailed out the banks, and so on.

It’s a much…

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06.24.2009 10:50 am

TLC Vision shareholders approve options bailout

St. Louis Post-Dispatch

TLC Vision shareholders apparently bought the argument that worthless stock options are bad for employee morale. They approved a plan to let employees exchange their old options, with exercise prices far above today’s market price, for new ones that actually…

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05.26.2009 4:41 pm

CPI shareholder criticizes chairman’s pay

St. Louis Post-Dispatch

Ramius Capital, the major shareholder that’s trying to win two seats on CPI Corp.’s board, has filed a preliminary version of its proxy-solicitation materials. In them, Ramius makes clear the extent of its split with Knightspoint Partners, another investor in the…

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05.20.2009 5:10 pm

CPI says dissident shareholder wants to sell company

St. Louis Post-Dispatch

CPI Corp. has made its first official response to Ramius Capital, the major shareholder that is trying to oust some CPI directors. In a proxy statement filed today, the photo studio company says it believes “that Ramius seeks additional influence to…

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05.19.2009 4:49 pm

Who earned what: More on CEO pay in St. Louis

St. Louis Post-Dispatch

For months, we’ve been posting information here about how much St. Louis companies pay their chief executives. Now, with the spring disclosure season nearly over, we thought it was time to tally up the numbers. Today’s column mentions some findings,…

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05.04.2009 11:07 am

TLC Vision wants to bail out worthless stock options

St. Louis Post-Dispatch

TLC Vision, like many companies that relied heavily on stock options to motivate employees, has a morale problem. Its shares are worth about 13 cents, and its employees’ options are exercisable at an average price of $4.09. All of the…

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05.04.2009 10:10 am

Icahn strikes a blow for his own shareholders’ rights

St. Louis Post-Dispatch

Carl Icahn is well known for flexing his muscle as a minority shareholder in Time Warner, Motorola, Yahoo and other companies. Now, he’s moving to give minority shareholders more clout at a company where he’s the majority shareholder.

American Railcar Industries,…

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