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PICO

PICO Holdings

$10.79

0.08 (0.75%)

16:28
10/12/16
10/12
16:28
10/12/16
16:28

PICO Holdings terminates John Hart as CEO

PICO Holdings (PICO) announced that its board of directors has terminated John R. Hart as CEO of the Company, and as CEO of Vidler Water Company, effective immediately. In connection with his termination, Mr. Hart will receive severance benefits in accordance with his Amended and Restated Employment Agreement dated March 11, 2016. Raymond Marino, Chair of PICO's board of directors, indicated, "The decision to terminate Mr. Hart was in the best interest of the Company and its shareholders." Mr. Hart was not contractually obligated to resign from the PICO or UCP, Inc. (UCP) boards of directors upon the termination of his employment, and he currently remains a director of both companies. The independent directors of PICO are currently evaluating a range of options with respect to the removal of Mr. Hart from these director roles as soon as possible. In connection with this change, the PICO board appointed: Maxim C. W. Webb, Chief Financial Officer and Treasurer since 2001, as PICO's new Chief Executive Officer, effective immediately. Mr. Webb was also appointed as a director on the PICO board. Mr. Webb served in various capacities with the Global Equity Corporation group of companies since 1993, including Vice President, Investments of Forbes Ceylon Limited from 1994 through 1996. Mr. Webb became an officer of Global Equity Corporation in November 1997 and Vice President, Investments of PICO in November 1998. The board determined Mr. Webb's depth of experience at PICO made him an excellent choice to succeed Mr. Hart as CEO of PICO. John T. Perri, Vice President and Chief Accounting Officer since 2010, as PICO's new Chief Financial Officer and Treasurer, effective immediately. Mr. Perri has served in various capacities since joining the Company in 1998, including Financial Reporting Manager, Corporate Controller and Vice President, Controller from 2003 to 2010. The board determined Mr. Perri's many years of experience at PICO made him a highly qualified successor to Mr. Webb. Dorothy Timian-Palmer, P.E., President and Chief Operating Officer of Vidler Water Company, a wholly owned subsidiary of PICO, as Vidler's new Chief Executive Officer, effective immediately. Ms. Timian-Palmer has over 25 years of experience within the water resource field in the southwest United States. She joined Vidler in December 1997 as its Chief Operating Officer and was promoted to President in April 2006. Ms. Timian-Palmer will continue to oversee the day-to-day operations, and work closely with Mr. Webb to set the strategic direction of Vidler. Prior to joining Vidler, she held the position of Utilities Director for Carson City, Nevada, having started as its Water Engineer in 1988. Previously, Ms. Timian-Palmer worked for the USDA Soil Conservation Service. The PICO board determined Ms. Timian-Palmer's wealth of experience and accomplishments at Vidler made her an excellent choice to succeed Mr. Hart as CEO of Vidler. Mr. Marino emphasized, "the independent directors of the PICO board unanimously supports these appointments, and strongly believes each of these individuals have the abilities and commitment to execute the Company's strategy."

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AGU

Agrium

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AAL

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American Airlines

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Agrium

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AAL

American Airlines

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ABX

Barrick Gold

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AEM

Agnico Eagle

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CCO

Clear Channel Outdoor

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FCX

Freeport McMoRan

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Pepsi-Gemex ADR

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GG

Goldcorp

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HBM

Hudbay Minerals

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trades under IVPAF

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Project Design Labs

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RIO

Rio Tinto

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SLW

Silver Wheaton

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STLD

Steel Dynamics

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TECK

Teck Resources

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NEM

Newmont Mining

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0.22 (0.61%)

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Mosaic

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Alcoa

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SO

Southern Company

$50.50

0.83 (1.67%)

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DK

Delek US

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-0.21 (-0.90%)

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Delek US management participates in a dinner meeting with Wolfe Research »

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ANTM

Anthem

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Moody's

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OncoSec

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Nektar

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3M

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BIOLASE

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BIOLASE

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COF

Capital One

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Renesas

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Intersil

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Intersil

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Henry Schein

$173.53

1.61 (0.94%)

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TWX

Time Warner

$97.28

0.6225 (0.64%)

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TRUE

TrueCar

$14.28

0.18 (1.28%)

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TrueCar's ALG sees February total new vehicle sales 1.325M units, down 1.4% »

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GE

General Electric

$30.19

0.17 (0.57%)

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GE does not see after-tax charges from GE Capital exit plan to exceed $23B »

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CE

Celanese

$88.79

-0.88 (-0.98%)

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Celanese announces vinyl acetate-based emulsions price increases in Asia »

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ELNK

EarthLink

$5.63

-0.22 (-3.76%)

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Windstream

$7.27

-0.02 (-0.27%)

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EarthLink, Windstream holders approve merger »

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ELNK

EarthLink

$5.63

-0.22 (-3.76%)

WIN

Windstream

$7.27

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PFE

Pfizer

$34.26

0.2 (0.59%)

17:43
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Pfizer subpoenaed in investigation of charity connections, Bloomberg says »

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C

Citi

$59.56

-1.06 (-1.75%)

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U.S. regulators investigating Citi over foreign hiring practices »

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FDX

FedEx

$193.11

1.93 (1.01%)

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FedEx, USPS amend transportation agreement »

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URRE

Uranium Resources

$1.94

-0.09 (-4.43%)

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Breaking Syndicate news story on Uranium Resources »

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RTN

Raytheon

$153.48

0.19 (0.12%)

17:13
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Raytheon awarded $1B government contract »

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COTV

Cotiviti Holdings

$38.74

-0.06 (-0.15%)

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Breaking Syndicate news story on Cotiviti Holdings »

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ENH

Endurance Specialty

$92.90

0.02 (0.02%)

17:05
02/24/17
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Earnings
Endurance reports Q4 EPS 30c, may not compare to consensus $1.26 »

Reports Q4 gross premiums…

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ORPN

Bio Blast Pharma

$1.13

-0.0098 (-0.86%)

17:04
02/24/17
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MNTA

Momenta

$15.40

0.3 (1.99%)

, PFE

Pfizer

$34.26

0.2 (0.59%)

16:44
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On The Fly: Stocks end week higher as rally continues »

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MNTA

Momenta

$15.40

0.3 (1.99%)

PFE

Pfizer

$34.26

0.2 (0.59%)

STLD

Steel Dynamics

$35.59

0.07 (0.20%)

AKS

AK Steel

$8.02

-0.1 (-1.23%)

X

U.S. Steel

$37.01

-0.3 (-0.80%)

FLR

Fluor

$55.09

-0.26 (-0.47%)

GVA

Granite Construction

$53.91

0.78 (1.47%)

VMC

Vulcan Materials

$117.82

1.47 (1.26%)

PWR

Quanta Services

$37.76

0.62 (1.67%)

ACM

AECOM

$35.77

-0.58 (-1.60%)

JEC

Jacobs Engineering

$56.03

-0.07 (-0.12%)

KBR

KBR

$15.60

-0.55 (-3.41%)

CBI

CB&I

$33.87

-0.02 (-0.06%)

MTZ

MasTec

$40.10

3.05 (8.23%)

KHC

Kraft Heinz

$93.08

0.14 (0.15%)

UN

Unilever; also tag UL

$46.91

0.33 (0.71%)

UL

Unilever; also tag UN

$47.12

0.22 (0.47%)

QSR

Restaurant Brands

$55.47

-0.08 (-0.14%)

PLKI

Popeyes

TROX

Tronox

$17.40

-0.67 (-3.71%)

WMT

Wal-Mart

$72.39

1.08 (1.51%)

HD

Home Depot

$145.95

1.24 (0.86%)

CYH

Community Health

$9.22

0.32 (3.60%)

TOL

Toll Brothers

$33.74

-0.22 (-0.65%)

GRMN

Garmin

$53.03

0.72 (1.38%)

CHS

Chico's

$14.75

0.3 (2.08%)

HPQ

HP Inc.

$17.65

0.05 (0.28%)

CRI

Carter's

$90.04

2.98 (3.42%)

SQ

Square

$17.43

0.28 (1.63%)

JWN

Nordstrom

$46.46

2.52 (5.74%)

FL

Foot Locker

$75.01

6.43 (9.38%)

AAOI

Applied Optoelectronics

$45.98

8.51 (22.71%)

RH

Restoration Hardware

$31.34

6.15 (24.41%)

M

Macy's

$33.17

0.73 (2.25%)

PZZA

Papa John's

$78.70

-0.07 (-0.09%)

FSLR

First Solar

$37.90

0.71 (1.91%)

TXRH

Texas Roadhouse

$42.22

0.13 (0.31%)

TSLA

Tesla

$257.00

1.01 (0.39%)

LB

Labarge

$50.99

2.05 (4.19%)

W

Wayfair

$39.30

0.72 (1.87%)

HPE

HP Enterprise

$22.96

-1.7 (-6.89%)

JCP

J.C. Penney

$6.46

-0.4 (-5.83%)

ACIA

Acacia Communications

$54.04

-9.39 (-14.80%)

BGS

B&G Foods

$43.65

-3.25 (-6.93%)

SPLK

Splunk

$62.80

-2.1 (-3.24%)

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NBEV

New Age Beverages

$3.90

-0.04 (-1.02%)

16:41
02/24/17
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Hot Stocks
Breaking Hot Stocks news story on New Age Beverages »

Park West AM reports 6.3%…

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