Dow Chemical will pay the U.S. Securities & Exchange Commission $1.75 million for failing to report $3.0 million in perks to former CEO Andrew N. Liveris, who retired on July 1. Among the benefits, SEC says, were travel to outside board meetings, sporting events, and personal activities; club memberships; and a board membership fee for a charity. SEC says Dow didn’t have the right system in place for sorting out and reporting such expenses.There's a software package I'd like to expense with my employer, maybe I could sneak a few Padres tickets in there too....
Wednesday, July 11, 2018
It's good to be Andy
Long-time Chemjobber bugaboo Andrew Liveris (and retired Dow CEO) had a few perks (article by Alex Tullo):