She received the shares in the form of SARs — or stock appreciation rights — under the executive compensation plan, for the equivalent of $38.43 each, or a total $581,000. So, her pre-tax net was about $919,000.
The latest crime news across the world of 48,000 restaurants.*
Police responded to a call for help from the restaurant’s employees, and a 17-year-old festival goer told The Evening Standard she felt “very squashed and intimidated” inside.
The trouble started when two “rowdy” men entered the restaurant and jumped ahead of a line of customers who’d already been waiting 15 minutes to place orders, according to the teenager, whom the newspaper didn’t identify by name.
“Then a man queuing heard [an employee] was going to call the police, so he questioned him and then jumped onto the counter, then about five others climbed over and stole chicken,” she said.
In Lake City, Fla., police say they were forced to use a Taser three times on an unruly man who threw food at employees yesterday morning at a Taco Bell restaurant.
Jonathan Prouty, 35, was unhappy (obviously, but that’s all WTLV reports) and got into a fight with customers and employees before leaving the store off of U.S. Highway 90. Officers say they caught the suspect not far away, where he didn’t obey commands to stop and eventually started swinging at officers. That’s when they broke out the Taser.
Further south in Florida, in Pompano Beach, a 27-year-old man is being held on a $110,000 bond after a fight in a Texas Roadhouse parking lot in Boynton Beach over a cellphone sale that went awry. The man, Christopher Charles has been charged with robbery with a firearm, armed burglary and aggravated battery.
Charles told police he bought a phone that turned out to be fake through the mobile app OfferUp. He confronted the seller in the restaurant parking lot, where they’d agreed to meet, and a physical altercation followed, according to the Palm Beach Post. Charles showed the alleged victim an unloaded gun during the fight, police said.
Charles was arraigned this morning.
* Yum has 43,000 KFCs, Pizza Huts and Taco Bells in nearly 140 countries; Papa John’s has 4,900 in 37 countries, and Texas Roadhouse has 485 restaurants in five countries. With that many locations, crimes inevitably will occur — with potentially serious legal consequences for the companies.
A news summary, focused on 10 big employers; updated 5:30 p.m.
HUMANA‘s shares fell another 2.6%, or $4.15, to close at $154, as investors watched developments at the Louisville company and proposed acquirer Aetna, after executives mounted an 11th-hour battle Friday before antitrust officials to save the companies’ $37 billion merger. Aetna’s shares closed down 0.5%, or 56 cents, to $116.44. Last week, Humana tumbled 11% and Aetna a smaller 2% after news first leaked about the Department of Justice talks on Thursday (Google Finance). The company’s charitable foundation today announced a $225,000 grant to the Louisville Urban League to launch “It Starts with Me.” The insurer’s employees will visit the California, Parkland, Russell and Shawnee neighborhoods, helping families get health insurance, connect participants with support resources and find after-school activities for children (WLKY). Based in Louisville, Humana employs 12,500 employees in the city.
BROWN-FORMAN: A former North Carolina advertising executive was sentenced to 57 to 81 months in prison for defrauding two ad agencies in a scheme where he faked a series of contracts in 2012 with Brown-Forman and Coca-Cola Co. supposedly worth $269.9 million. The man, Bill Grizack, went so far as to create email addresses with domains closely resembling addresses of actual Brown-Forman employees, and used “burner” cellphones for made-up conversations with the whiskey giant (AdWeek).
In Nashville, the distiller’s Jack Daniel’s unit later this month is opening its first branded retail store outside its corporate home in Lynchburg, Tenn. Called the Nashville General Store, the outlet will sell clothing to barware and custom-made musical instrument displays. But it won’t sell whiskey because the store would need a liquor license (Tennessean via USA Today).
The Filson Historical Society is nearing completion of a $12 million expansion and renovation project partly underwritten with nearly $600,000 in contributions from Brown-Forman’s founding Brown family. The project includes a new, 20,000-square-foot Owsley Brown II History Center honoring the late Brown-Forman CEO. Founded in 1884, Filson is devoted to Kentucky and Ohio River Valley history and culture (Courier-Journal). Here’s a drone’s eye view of the project:
AMAZON Prime members now make up more than half the online retailer’s customer base, according to a new study. Consumer Intelligence Research Partners estimates Amazon counts 63 million Prime members among its shoppers — an increase of 19 million from last June (Fortune). Amazon stock traded at a new intraday high of $755.90 before giving back some; shares closed at $753.78, up $7.97, or 1%. Investors are anticipating tomorrow’s second annual Prime Day super sale; the stock closed at $. The retailer’s stock has soared 70% from a year ago vs. a much smaller 2.8% gain in the S&P 500 index. The company employs a total 6,000 workers at distribution centers in Jeffersonville and Shepherdsville.
TEXAS ROADHOUSE‘s stock also traded intraday at a new record 52-week high, $46.83, but closed at $46.54, up $1.12, or 2.5%.