Friday, April 15, 2011

Dean News



(click on image to enlarge)


In the northeast case Judge Reiss is considering a partial settlement:

http://www.burlingtonfreepress.com/article/20110415/NEWS01/110415033/0/BUSINESS03/Federal-judge-considers-severing-settlement-Dean-Foods-case-?odyssey=nav|headhttp://www.blogger.com/img/blank.gif


While she hasn't decided whether DFA or DMS have a standing to oppose the settlement, Reiss said farmers would have a chance to oppose it at a fairness hearing before she decides whether or not to give it final approval. If she gives the settlement preliminary approval, notices would go out to the farmers represented in the lawsuit in 10 states.


(more at link)

Forbes has a couple items on Dean Foods, the first is on Greg Engles compensation: http://www.forbes.com/lists/2011/12/ceo-compensation-11_Gregg-L-Engles_XU3T.html

Next is on bad management: http://blogs.forbes.com/frederickallen/2011/04/14/americas-best-and-worst-bosses-for-the-buck/

The least effective: Gregg L. Engles of Dean Foods. His paycheck has averaged $20 million a year over the past six years, while his company’s average return has been -11%.

1 comment:

  1. Unreal. This slimebag has no shame.

    ReplyDelete