Legg Mason CEO

Legg Mason CEO awarded option of buying 500,000 shares

Mon, 06 May 2013 10:53:37 GMT

Source: www.bizjournals.com --- Monday, May 06, 2013
If Legg Mason Inc.’s stock price continues its climb, CEO Joseph Sullivan stands to become a rich guy. Legg’s board of directors awarded Sullivan the option to purchase 500,000 shares in the money manager at $31.46 per share, the Baltimore Business Journal reported. The option gives Sullivan the right to buy the shares at that price in the future when they would presumably sell for more than $31.46. The option recognizes Sullivan’s appointment in February as Legg’s permanent CEO, the company… ...

Legg Mason CEO Sullivan awarded option of buying 500,000 shares

Fri, 03 May 2013 18:42:40 GMT

Source: www.bizjournals.com --- Friday, May 03, 2013
If Legg Mason Inc.’s stock price continues its climb, CEO Joseph A. Sullivan stands to become a rich guy. Legg’s board of directors awarded Sullivan the option to purchase 500,000 shares in the Baltimore money manager at $31.46 a share. The option gives Sullivan the right to buy the shares at that price in the future when they would presumably selling for more than $31.46. The option recognizes Sullivan’s appointment in February as Legg’s permanent CEO, the company said Friday in a Securities… ...

Legg Mason CEO awarded 500,000 in options to purchase stock

Fri, 03 May 2013 18:19:00 GMT

Source: www.baltimoresun.com --- Friday, May 03, 2013
Most of options tied to stock performance Legg Mason Inc.'s compensation committee awarded CEO Joseph A. Sullivan options to purchase a half million shares of the company stock at $31.46 per share, the Baltimore-based money manager announced in a regulatory filing. ...

Legg Mason CEO to Dow Jones: ‘We Have to Earn the Fees We’ve Charged’

Tue, 30 Apr 2013 17:34:14 GMT

Source: blogs.barrons.com --- Tuesday, April 30, 2013
Investors apparently remain bright on battered Legg Mason (LM): a 62% drop in fourth-quarter profit looks prettier when it’s served up with the smallest quarterly outflows from the company’s long-term funds since 2007. Thus you see the stock rising 0.5% Tuesday even after a 23% gain year-to-date. Dow Jones Newswires’ Mia Lamar asked CEO Joe [...] ...