Former Management definition

Former Management means the Board of Directors and Officers prior to July 5, 2016, specifically the former Chief Executive Officer (“CEO”) David Cohen and the former Chief Financial Officer (“CFO”) Horng Dih Lee;
Sample 1Sample 2Sample 3

Examples of Former Management in a sentence

  • Xxxxxxx Chief Financial Officer Former Management By: /s/ Xxxxxxx Xxxxxxx November 7 2009 Xxxxxxx Xxxxxxx By: /s/ Xxxxxxx Xxxxxxxxx November 7 2009 Xxxxxxx Xxxxxxxxx Accepted and agreed to this Seventh (7th) day of November, 2009.

  • ITT was hit particularly hard by credit tightening during the recession because its aggressive recruiting efforts resulted in enrollment of a great many students with very poor credit profiles and low earnings, as ITT’s Former Management was acutely aware.

  • Sikora22 355,4014.01.202052,56Maciej Kropidłowski22 238,9014.01.202052,56Barbara Sobala 5 499,6114.01.202052,56Katarzyna Majewska 4 366,4414.01.202052,56Natalia Bożek 2 610,6214.01.202052,56James Foley 10 358,9514.01.202052,56 Former Management Board Members David Mouillé- till 31.01.202016 689,1214.01.202052,56Shares presented in the table above, only the part paid out in 2020, are included in point 1) of this report in the table presenting share-based awards paid out in 2020.

  • For example, in 2010, ITT’s Former Management caused ITT to employ 2,550 recruiters and to allocate $252 million -- about 19.1% of ITT’s total revenue -- to marketing and recruiting, according to the Senate Committee Report11.

  • Upon information and belief, during the second and third quarters of 2012, ITT’s Former Management used an internal model to estimate ITT’s liability for the PEAKS Loan Program by estimating the cash flows of PEAKS and ITT’s resulting guarantee payments.

  • Since ITT’s Former Management could no longer conceal the facts pertinent to the CUSO and PEAKS Loan Programs and ITT’s massive liability thereunder, on October 16, 2014, ITT’s Former Management finally filed restated 10-Qs for the first, second, and third quarters of 2013, filed ITT’s 2013 10-K, and informed investors and creditors about the scope and impact of ITT’s exposure to the CUSO and PEAKS Loan Programs.

  • Upon information and belief, PEAKS originated approximately $346 million in PEAKS loans to ITT students, of which ITT received approximately $246.7 million and a worthless subordinated note (nominally in the amount of about $73 million) that ITT’s Former Management (and the Defendants as well) knew or should have known would be uncollectible based on the high anticipated default rate of ITT students taking out PEAKS loans.

  • As noted, on October 29, 2013, in the midst of these investigations and lawsuits, ITT’s Former Management filed its 10-Q for the period ending September 30, 2013, and disclosed for the first time, the practice by ITT’s Former Management of making POBOB payments.

  • All were under the rule of a loosely governing ‘central'authority, the king called Awoamefia.Historically, the power of the central authority is rarely invoked; only in times of war or in need of serious judicial counseling.

  • They will be responsible for all correspondence to and from TCSA not carried out by other officers or committees.

Related to Former Management

  • Virginia Stormwater Management Program or “VSMP” means a program approved by the State Board after September 13, 2011, that has been established by a locality to manage the quality and quantity of runoff resulting from land-disturbing activities and shall include such items as local ordinances, rules, permit requirements, annual standards and specifications, policies and guidelines, technical materials, and requirements for plan review, inspection, enforcement, where authorized in this article, and evaluation consistent with the requirements of this article and associated regulations.

  • Management Group means the group consisting of the directors, executive officers and other management personnel of the Borrower, Holdings or any Parent Entity, as the case may be, on the Closing Date together with (a) any new directors whose election by such boards of directors or whose nomination for election by the shareholders of the Borrower, Holdings or any Parent Entity, as the case may be, was approved by a vote of a majority of the directors of the Borrower, Holdings or any Parent Entity, as the case may be, then still in office who were either directors on the Closing Date or whose election or nomination was previously so approved and (b) executive officers and other management personnel of the Borrower, Holdings or any Parent Entity, as the case may be, hired at a time when the directors on the Closing Date together with the directors so approved constituted a majority of the directors of the Borrower or Holdings, as the case may be.

  • Stormwater management plan means the set of drawings and other documents that comprise all the information and specifications for the programs, drainage systems, structures, BMPs, concepts and techniques intended to maintain or restore quality and quantity of stormwater runoff to pre-development levels.

  • Management means an activity inclusive of control and performed on a daily basis, by any person who is a principal executive officer of the company, by whatever name that person may be designated, and whether or not that person is a director.

  • Project Management Unit or “PMU” means the Recipient’s management and Implementation unit referred to in Section I.A.2 of Schedule 2 to this Agreement.

  • Project Management The individuals appointed by each Party cf. clause 4.1 in the Agreement.

  • Asset management means a systematic process of operating and maintaining the state system of

  • Stormwater management BMP means an excavation or embankment and related areas designed to retain stormwater runoff. A stormwater management BMP may either be normally dry (that is, a detention basin or infiltration system), retain water in a permanent pool (a retention basin), or be planted mainly with wetland vegetation (most constructed stormwater wetlands).

  • Virginia Stormwater Management Program authority or "VSMP authority" means an authority approved by the State Board after September 13, 2011, to operate a Virginia Stormwater Management Program.

  • Demand side management means the management of customer

  • Utilization management section means “you or your authorized representative.” Your representative will also receive all notices and benefit determinations.

  • Project Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.2 of Exhibit B to the ITP.

  • Stormwater management planning agency means a public body authorized by legislation to prepare stormwater management plans.