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Brooks Automation, Inc. Message Board

  • artaxerxes5 artaxerxes5 May 30, 2008 3:34 PM Flag

    Lepofsky's Voracious Appetite

    Never one to say no to someone volunteering to
    pick up the check, Mr. Lepofsky has once again
    succumbed to his venal predisposition and
    accepted 350K shares at $0 from a supine and
    sycophantic board, thus more than doubling his
    BRKS holdings. That the shares have gone
    nowhere for years, is apparently of little
    concern to these worthies, who never pass up a
    chance to grovel at shareholders' expense.
    The current value of this unworthy largess
    is a whopping $3.5M! What exactly has Mr.
    Lepofsky done to deserve this generosity,
    other than savaging Helix's shareholders by
    forcing them into a shotgun marriage to a
    mediocrity like BRKS, then run by a corrupt
    management/board? And for this he is rewarded?
    Are there no honest executives with a sense
    of proportion and restraint? Is this truly
    the best we can do? When do we demand more?

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