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Keyword: marcefuller

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  • MIRANT, CREDITOR'S COMMITTEE FILE $2 BILLION-PLUS LAWSUIT AGAINST SOUTHERN CO. FOR SPINOFF ACTIONS

    06/16/2005 9:02:02 PM PDT · by MeneMeneTekelUpharsin · 1 replies · 278+ views
    Yahoo Finance ^ | 16 June 2005
    ATLANTA, June 16 /PRNewswire/ -- Mirant Corp. (MIRKQ) and the Official Committee of Unsecured Creditors of Mirant Corp. (the "Mirant Corp. Committee") in its bankruptcy proceeding announced that they have filed a lawsuit against Mirant's former parent company, Southern Company (NYSE: SO - News), seeking recovery of at least $2 billion in connection with transfers made to Southern prior to Southern's spin-off of Mirant in April 2001. The lawsuit was filed in the U.S. Bankruptcy Court for the Northern District of Texas, in Ft. Worth, where Mirant's Chapter 11 reorganization case is being heard by the Honorable Judge D. Michael...
  • $1.8 MILLION IN NEW MIRANT BONUSES

    02/25/2005 9:07:58 AM PST · by MeneMeneTekelUpharsin · 9 replies · 494+ views
    The Atlanta Journal-Constitution ^ | 25 February 2005 | Margaret Newkirk
    Atlanta's bankrupt Mirant Corp. approved another round of executive bonuses this week, agreeing to dole out more than $1.8 million to five executives. That payout is in addition to the $2 million in salaries those executives will be paid this year and does not include an $850,000 bonus previously approved for company Chief Executive Officer Marce Fuller. The year's biggest bonus will go to Chief Financial Officer M. Michele Burns, who will get $686,100 on top of her $600,000 annual salary. Burns joined Mirant from Delta Air Lines, where she was among executives involved in a controversial bonus and pension...
  • WITH FIORINA'S FALL, SMALL CLUB OF FEMALE CEO'S SHRINKS

    02/10/2005 6:35:25 PM PST · by MeneMeneTekelUpharsin · 36 replies · 1,033+ views
    Market Watch via The Austin American-Statesman ^ | 10 February 2005 | Kirsten Gerencher
    SAN FRANCISCO -- Carly Fiorina's ouster from Hewlett-Packard Co. on Wednesday wasn't totally unexpected, but for some it was a disturbing end to an otherwise encouraging chapter in U.S. women's corporate progress. The number of Fortune 500 companies with female chief executives declined 12.5 percent Wednesday, from eight to seven, according to the nonprofit Catalyst Inc., which tracks women in business. And it will shrink again soon, with the pending resignation of Marce Fuller at independent power producer Mirant Corp. "It's a shame it's a woman CEO, because it could influence people to think that opportunities for women are on...
  • FULLER: MIRANT CEO TO QUIT, TAKE 3.4M SEVERANCE WITH HER

    12/30/2004 9:17:14 PM PST · by MeneMeneTekelUpharsin · 11 replies · 502+ views
    Forbes.com ^ | 30 December 2004 | Virginia Citrano
    Another energy career capped: Mirant (otc: MIRKQ - news - people ) said Chief Executive S. Marce Fuller will resign from the energy company, which is operating under bankruptcy protection. But she won't go empty-handed: According to a regulatory filing, Fuller will take away $3.4 million in severance pay plus other benefits. The filing does not specifically say when she will quit, or step down from her board seat. Fuller had worked at Mirant since 1992, after positions with Southern Company (nyse: SO - news - people ) and General Electric (nyse: GE - news - people ). Mirant has...
  • MIRANT LOOKING FOR NEW CEO

    09/16/2004 7:43:52 PM PDT · by MeneMeneTekelUpharsin · 11 replies · 217+ views
    AP via Yahoo ^ | 16 September 2004
    WASHINGTON - Power-generator Mirant Corp. disclosed Thursday that it is looking for a new chief executive officer. Searching for new leadership is a typical step for a company in bankruptcy, Mirant spokesman James Peters told Dow Jones Newswires Thursday. The board views it as part of its obligation to maximize value for creditors with an interest in Mirant. Peters said there was no specific timeline for current Chief Executive Marce Fuller to step down, and that she was involved in the search for a new CEO. The search, which has been kept under wraps since it began early in 2004,...