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Posts tagged: Mitchell Krebs

Balderdash: Coeur’s Reason For Move

Pure unadulterated balderdash.  Pure B.S.  That’s the only way to describe the baloney Coeur—the Precious Metals Company is serving up as its excuse for relocating its corporate headquarters from Coeur d’Alene to Chicago later this year. It’s bad enough that most corporate Chief Executive Officers (CEO’s) and Presidents are grossly overpaid by compliant boards, even when the CEO has failed miserably but is still given the proverbial golden parachute.  When boards though give way and acquiesce to pure CEO vanity, shareholders ought to sue. Make no mistake, folks, this move is an exercise in personal vanity by Coeur’s president and chief executive officer, Mitchell Krebs. He and his wife both hail from the Chicago area and want to get closer to home. So let’s just pick up the corporate headquarters and move, ma!/Chris Carlson, Carlson Chronicles. More here.

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D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.

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