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Client Alert: Court Finds Dole Food Company Directors Liable; Awards $148M in Damages
2015-09-01 11:23:43| Agriculture - Topix.net
In re Dole Food Company, Inc. Stockholder Litigation , Consolidated C.A. No. 8703-VCL In re Appraisal of Dole Food Company, Inc. , Consolidated C.A. No.
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M&A Update: Delaware Court Finds Dole Executives Personally Liable...
2015-08-31 14:24:25| Food - Topix.net
In its August 27th post-trial opinion, In re Dole Food Co., Inc. Stockholder Litigation, the Delaware Chancery Court held Dole executives David Murdock and Michael Carter personally liable for $148 million in damages for undermining and interfering with the special committee's efforts to obtain a fair price for Dole's minority stockholders following Murdock's decision to take the Company private in 2013. The decision emphasizes that transactions with a controlling stockholder that employ the dual procedural protections of independent director and "majority of the minority" approval must actually adhere to the substance and purpose of those protections.
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Patti Payne's Cool Pads: Former Dole president Michael Carter to sell $25M San Juan Island estate
2015-08-01 02:37:34| Agriculture - Topix.net
On July 4, 1999, Michael Carter fell in love with a 21-acre piece of land nestled between Friday Harbor and Roche Harbor on the east side of San Juan Island. Carter - who retired in April from his job as president of Dole Food Company - bought the land at 678 Primrose Lane later that year.
Dole Food Appoints New President
2015-04-11 13:53:05| Grocery - Topix.net
California Giant Berry Farms, Watsonville, Calif. Kristin Kleiber was promoted to a newly established position of marketing and sales analyst, responsible for assisting with supporting the expansion of California Giant's products and brand, developing and publishing retail newsletters and consumer blog content, analyzing product movement and sales trends and continuing to conduct analyses of market, customer and competitor data.
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Dole Foods Names New President/COO
2015-04-08 13:53:13| Agriculture - Topix.net
DOLE FOODS NAMES NEW PRESIDENT/COO Apr. 7, 2015 Source: Dole Foods news release Dole Food Company, Inc., Westlake Village, CA, announced the appointment of Johan Linden as its new President & Chief Operating Officer. The Company also announced the retirement of C. Michael Carter, the Company's former President & Chief Operating Officer.
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