ArcSight: About that yacht…(0)
We blogged about the ArcSight IPO yesterday. But footnoted.org picked up some good nuggets we missed from the earlier S-1 about the perks granted to ArcSight CEO and Chairman Robert Shaw:
Michelle Leder of footnoted.org writes:
“…it’s the yacht club that really stands out. A quick scan of registration statements for the past year shows that Shaw is in a club of one: no other CEO of a newly public company is getting their employer to pick up their yacht club membership. A further search of proxy statements for all companies from the past year goes even further: no other company has disclosed paying for a yacht club for their CEO or any other top executive.”
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