Reuters is reporting that the CEO,
What's your opinion on why these three highly compensated individuals would
What factors created so much stress or threat that would encourage them to deviate from what should be the norm?
What release valves or programs should have been in place to mitigate this disaster to both these three C-Suite members and now the company?
http://www.reuters.com/article/us-brixmor-
Here's BlackRock CEO's letter of SHORTTERMISM to Fortune 500 CEOs:
http://www.businessinsider.com/blackrock-ceo-larry-fink-letter-to-sp-500-ceos-2016-2
Depending on the type of Board, they would have been a good release valve (internally). Having said that, the Board may even be the source of the pressure.
When you trace the root of the problem, it will lead you to a few outdated concepts and myths about business or concepts taken to the extreme. . Shareholder primacy is one. Maximization of shareholder value is another. ....and the more likely reason....GREED!
The Black Rock response pretty much says that they pushed the three execs and
2
A private equity firm (as big and as well known as they are) not in the board or not monitoring
I go as far as any PE firm not having a seat on the Board is very uncommon...
