Louis A. Simpson to Discuss ‘Corporate America’ at Ohio Wesleyan University

[melvin_182]

Louis A. Simpson to Discuss ‘Corporate America’ at Ohio Wesleyan University.

Simpson will speak at 8 p.m. Oct. 3 in Gray Chapel inside University Hall, 61 S. Sandusky St., Delaware. His presentation is part of Ohio Wesleyan’s annual Robert L. Milligan Leaders in Business Lecture Series. The event is free, with seating on a first-come, first-served basis.

 

http://blogs.owu.edu/connect2/2013/09/19/louis-simpson-discuss-corporate-america-ohio-wesleyan-university/

 

If anyone from Ohio can attend .... notes would be much appreciated !

 

Thank you !

[Cer302]

Thanks for letting me know about this. I will take notes and update when I can

[melvin_182]

Anyone assist ? Any notes ?

 

Thank you

[Cer302]

I was rather disappointed by the lecture, he only spoke for about 30 minutes and 5 minute of Q&A. It also appeared the lecture was dumbed down for audience.

The main premise of the speech was a CEO needs to find shareholders who want to be owners of the stock and if he does his job correctly by allocating capital right, the right shareholders will come and not rent the stock. Shareholders need to find management who are owners of the company and not renters of the company stock. He stated that management and board directors should only sell half of their restricted stock or options for tax purposes except those potentially in California and New York. Avoid management who as soon as restricted stock or options are vested sells.

He also stated that most acquisitions are value destructive and there are only a few companies who are good at creating value by acquisitions.

He mentioned the book "The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success" and also said he knew 5 of the 8 personally.

[melvin_182]

Thank you for the notes.