directors cut

• Tulsa-Based Chesapeake to Cut Directors' Pay, Perks

Chesapeake Energy Corp. announced Friday that it would slash what it pays its board of directors by about 20 percent and no longer allow them to use the company's fractionally owned aircraft for personal travel. The announcement comes just one day after the administrator for several New York City pension funds urged shareholders to withhold their votes for Chesapeake board members Richard K. Davidson, former Union Pacific chairman and CEO, and Oklahoma State University President V. Burns Hargis in protest of the company's ongoing governance issues.

• The Journal Record
• May 25, 2012

• The Directors' Cut

The median pay for non-employee directors at Fortune 500 companies climbed 7.2 percent to $173,600 in 2007, according to analysis by Equilar, an executive compensation data and consulting firm.

• Directorship
• Vol. 34 Nbr. 4, September 2008

• Regions Profits Miss 2q Estimates -- Directors Cut Dividend, Build Reserves for Possible Loan Losses

Regions Financial Corp.'s second- quarter profits fell short of expectations as the Birmingham, Ala.-based company slashed its dividend and boosted its reserve for possible loan losses. The parent of Regions Bank - which has 62 offices in the Memphis area - and Memphis-based Morgan Keegan & Co. earned $206.4 million, or 30 cents a share, in the three months ended June 30. A year earlier, the figures were $453.3 million, or 48 cents a share.

• The Commercial Appeal (2007-Current)
• July 23, 2008

• Institute Of Directors Propose New Measures To Cut Bureaucracy.

The Institute of Directors (IoD) has issued a raft of recommendations to the Government which are designed to cut the amount of red tape businesses ha...

• Mondaq Business Briefing
• Nbr. 2011, January 2011

• East Allegheny Trims $150k From Budget

East Allegheny School District`s board of directors has cut $150,000 in planned 2011-12 spending since it gave a preliminary budget approval last month. However, district officials said after Monday`s workshop they`re unsure about what to expect in state funding as the board prepares for final action on the spending plan next week.

• Tribune - Review / Pittsburgh Tribune - Review
• June 20, 2011

• Directors Cut the Chatter in Early Bargaining Talks.

Media & Technology - Labor contracts - Brief Article

• Los Angeles Business Journal
• December 03, 2001

• Athletic Directors Facing Tough Decisions to Cut Their Budgets ; with Schools Receiving Less Money From the State, Administrators Are Trimming Costs for Sports.

Kevin Woodhouse, the athletic director at South Portland High School, has his Christmas vacation week all planned out. No, he's not heading to some warmer climate for much-needed relaxation. He's going to spend it at his desk in his office plotting next year's athletic budget in South Portland.

• Portland Press Herald
• December 17, 2008

• Fish or cut bait: luring directors to corporate boards has become a daunting task--one that requires ingenuity and time.

Corporate Governance

• Chief Executive (U.S.)
• Nbr. 2002, July 2002

• New Sad 61 Budget Plan Is $75,000 Leaner

School Administrative District 61's board of directors voted Thursday to cut its proposed budget by $75,000 by eliminating a first-grade teaching position and starting to charge nonprofit groups to use its facilities. The vote marks the third time the board has approved a budget for the 2011-2012 fiscal year, which started July 1.

• Portland Press Herald
• July 15, 2011

• Nurse Cut Corpses for Transplant Parts: ; Several Funeral Directors Have Pleaded Guilty in; Connection with Case

PHILADELPHIA - A nurse admitted he cut body parts from 244 corpses and helped forge paperwork so the parts, some of them diseased, could be used in unsuspecting patients. Authorities say nurse Lee Cruceta was the lead cutter in a group that trafficked in more than 1,000 stolen body parts for the lucrative transplant market.

• Charleston Daily Mail
• February 01, 2008