TEAM (TechTeam Global)
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Why I Love This Stock |
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By:barrons3 |
Date:02 21 09 |
Costa Brava Partnership III said that TechTeam recently expanded its board's size to 10 directors, appointing Seth Hamot, Charles Frumberg and James Lynch to the board. Costa Brava said the three were also appointed to TechTeam's governance and nominating committee. Costa Brava holds 1,360,391 shares (12.5%). |
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By:barrons3 |
Date:01 17 09 |
Costa Brava Partnership III urged TechTeam's board to immediately announce a short timetable for separating the roles of chief executive and chairman. On Jan. 9, TechTeam appointed CEO Gary J. Cotshott as chairman. Costa Brava said the combination of CEO and chairman "limits the ability of the board to exercise true independent oversight of management and diminishes board effectiveness." Costa Brava said that, if the company persists in its current course, it would consider unspecified "alternatives." Costa Brava holds 1,360,391 shares (12.12% of the total outstanding). |
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Date:11 20 08 |
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PE: 14 |
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