Hudson Labs propriety AI models can now identify management biographies in proxy statements (DEF 14A), facilitating facilitates a unique analysis of executive and director experience with previous bankruptices
Some highlights from a recent data pull*
- FLOWSERVE CORP ($FLS): The chair, CFO and CAO all previously worked at different companies that recently went bankrupt…and there’s more.
- The current chair, David Roberts, was previously the CEO of Gavilan Resources, LLC which filed under Chapter 11 in 2020.
- Current CFO, Amy Shwartz, previously held the role of CFO at Peabody Energy which filed under Chapter 11 in 2016.
- Chief Accounting Officer, Scott K. Vopni, previously worked as the CEO of Dean Foods Co. which filed under Chapter 11 in 2019.
- Board member, John R. Friedery, previously worked at Ball Corporation which was subject to an SEC enforcement action shortly after his tenure.
- OUTFRONT MEDIA INC ($OUT): Two independent directors held executive positions at companies that subsequently went bankrupt
- Peter Mathes (board member since 2014) was the CEO of AsianMedia Group LLC, now defunct.
- Angela Courtin (board member since 2017) was the CMO at Relativity Media LLC which filed under Chapter 11.
- ARMOUR RESIDENTIAL REIT INC ($ARR): Two current board members served as the co-chairmen of the now defunct company, FriendFinder. In their words, “FriendFinder was strategically restructured pursuant to a consensual repackaged plan of reorganization in federal bankruptcy court effective in 2013”.
- ALIGHT INC DELAWARE ($ALIT): The Chief Legal Officer and General Secretary filed for personal bankruptcy in 2014.
- SABRE CORP ($SABR): Sabre’s current CEO previously worked at not one but two airlines, both of which went bankrupt.
*The above are highlights. Learn about requesting the full dataset here. No additional analysis has been performed on the above companies.
The full data pull is structured like this:
Interested in exploring more ideas like this? The full data pull is available to premium (tier 2+) Hudson Labs customers. Learn more about ad hoc data requests here.
