Have you been brain dead for holding on to the 3 tracks without a sprint cup race,Henry u are a smart business man.. what happened here..have you visited the neurologist recently?
I think the Rollins are scared to stand up to him for the most part based on past history. He was the junkyard dog of the family so they grew up hearing lots of his barking. They just have to realize that the dog is soft and toothless now. If fact the dog could use a good swift kick in the rear to get going.
She's got 'em. She has most of them. However, she has given Tippie her proxy for voting control. She can take that proxy back at any time, and I wonder why she hasn't. Ultimately, she is risking getting sued by her own kids (it can and does happen) for breach of fiduciary duty when it comes to their interests.
Great point. Clearly the trustees cannot be concerned for the beneficiaries. If they were something would have happened a while ago. Essentially the trustees are putting aside their fiduciary duties to satisfy some other need.
Does King Henry fancy himself among the racing royalty? Not that an 80 year old needs to be concerned about his resume but chairman of a Sprint Cup track puts him in a special club. Perhaps he values that above all else, including the beneficiaries.
Michelle Rollins is thinking...why don't I have any of the super voting shares? If you look at the Proxy statement she only has the public stock..none of the supervoting shares...so although she has the right name she doesn't appear to have any power.
As long as the SEC allows super-voting classes of stock (which is another debate for another time), Michele is the ONLY shareholder that matters. I can't for the life of me understand why she has not thought about the welfare of her children.
She must be so wrapped up in her Rose Hall project in Jamaica that she really doesn't know what's going on. And, there's no way that Rose Hall can be doing well, either.
Hey, mon! Le's fire dees spleef, mon!
It's all rather embarrassing for them. Twinkle Toes Tippie (TTT) thinks he can sweep it all under the rug but the bump is huge at this point. He must wear elephant colored glasses to the board meetings nowadays. Everyone in the room knows the elephant is in there with them but for some reason no one says anything. While they all play dumb, the industry laughs away at them.
The same guy?
Integrity. Innovation. Impact.
Those words not only apply to the Tippie College and its offerings, they also apply to its benefactor, Henry B. Tippie. A native of Belle Plaine, Iowa, Henry Tippie is a man of integrity, who has built his personal and professional life on the principles of hard work and doing the right thing. He is a living and breathing illustration of the word "integrity."