There’s plenty of shuffling this week in the executive ranks of local public companies, including CarMax, Media General and local banks. Markel discloses that it has some acquisitions in the works. And a Midlothian videogame maker gets a reprieve on some of its defaulted debt, using one of its games as collateral.
George Mahoney
Trading Day: Inside the SEC filings for 3.17.11
It’s our favorite time of year — Proxy season — when publicly traded companies reveal how much their executives make. It’s good to be the kings at Media General and Owens & Minor.
Salaries hold steady for Media General execs
Despite losing $632 million in 2008 and asking salaried employees to take two weeks off, it still pays to be a head honcho at Richmond-based Media General. Chief executive Marshall Morton received $2.76 million in total compensation in 2008, according to an SEC filing. That’s about the same as 2007 and about 15 percent less… Read more »