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Oh fuck. I’m going to need to prepare myself for this because I’m not ready for it. Nope. Can’t handle the feels already and this is just the promo!

FUCKFUCKFUCKFUCKFUCKFUCKFUCKFUCK

With These Blueprints

Darnell Williams: With these blueprints we can make a mighty tower,
Melody Thomas Scott: With these blueprints we can mold a chocolate ball!,
Anthony Geary: With these blueprints we can forge enormous yo-yos,
Anthony Geary and Gina Tognoni: With these prints we can build anything at all!

Michael Sabatino: We’ve got blueprints, glorious blueprints!
They give us endless potentialities!
We could build an android porcupine,
bionic hearts for Valentines,
or giant dogs with artificial fleas!

Gina Tognoni: ‘Cause we’ve got blueprints!
Darnell Williams, Anthony Geary, Gina Tognoni, Melody Thomas Scott: Glorious blueprints!
Gina Tognoni, Michael Sabatino: They make the things we dream reality!

Darnell Williams, Anthony Geary, Gina Tognoni, Melody Thomas Scott: We can build jet powered water wings,
a catapult with mattress springs,
and practically anything you see!

The next two parts are sung simultaneously

Gina Tognoni, Melody Thomas Scott, Michael Sabatino: We’ve got one prints, two prints,
nothing we can’t do prints!
Three prints, four prints,
everyday it’s more prints!
Five prints, six prints,
nothing we can’t fix prints!
Big prints, small prints,
make anything at all prints!

Darnell Williams, Anthony Geary: We’ve got blueprints, glorious blueprints,
They give us endless potentialities
We’ve got blueprints, glorious blueprints
They make the things we dream reality

Darnell Williams, Anthony Geary, Gina Tognoni, Melody Thomas Scott: There’s nothing we can’t do,
as long as they’re blue!
So get some hammers and nails,
and buckets and pails!
All: So grab a two-by-four,
‘Cause we’ve got blueprints galore!
Darnell Williams, Anthony Geary, Gina Tognoni, Melody Thomas Scott: We’ve got a lot of work to do!
Darnell Williams and Background Voice: With these prints that are blue!

Aldine’s heritage hog for Philadelphia Daily News

Aldine chef George Sabatino’s father-in-law raises heritage breed pigs on his farm in Florida. After getting one of the 250-pound beasts in Philly, George spread the love, sharing the pork with all his chef friends.

Photo: Elizabeth Robertson

MDC Founder Miles Nadal Quits Amid SEC Investigation

Just how bad are the findings of the SEC’s investigation of MDC Partners’ founder Miles Nadal? That’s the question looming over the company after he quit unexpectedly this week, along with his former chief accounting officer, Michael Sabatino.

The advertising holding company—which includes several major shops such as Crispin Porter + Bogusky and 72andsunny—dropped a bombshell in its first-quarter earnings call in April, when company CFO David Doft noted that on Oct. 5, 2014, it received a subpoena from the Securities and Exchange Commission requesting documents “relating to CEO expenses, the company’s goodwill and certain other accounting practices, as well as trading in the company’s securities by third parties.” MDC execs had apparently sat on that information for six months before revealing it to investors.

MDC, which was created in 1980 as Multi Discipline Partners, said it has been fully cooperating with the SEC, as has Nadal, and in April the company believed the inquiries were then still at an early stage. MDC has not issued any updates about the pending investigation.

Scott Kauffman, who has been presiding director of MDC’s board since 2012 and a board member for nine years, will replace Nadal as CEO. The Palo Alto, Calif.-based exec has been affiliated with media and technology companies throughout his career and in 2008 was named CEO of SourceForge, Inc., now called Geeknet, which owns and operates SourceForge.net, ThinkGeek, Slashdot, and Freshmeat, now Freecode.

In a statement, MDC said Nadal has agreed to repay all expenses that were requested to be repaid by a special committee of MDC’s board, including an additional $1.88 million that was recently identified.The company added that in connection with his “retirement,” Nadal is required under MDC incentive and retention agreements to repay $10.58 million in retention amounts received between 2012 and 2015. In addition, Nadal is not eligible for any compensation payments or severance.

Former MDC financial exec Sabatino has also agreed to repay the company $208,535 in cash bonus payments received between 2012 and 2014.

Nadal, who resides in the tax-free haven of Paradise Island in the Bahamas and is highly compensated at the money-losing company, had a reputation as a financial wheeler-dealer in his native Canada, where MDC was headquartered prior to relocating to New York.

The flamboyant self-made man, known for his 80-foot Lazzare motor cruiser, named Dare to Dream, drew criticism in Canada for his corporate governance practices. His ex-father-in-law served on his board, for instance, and occupied a role on key committees, and Nadal and other top company execs received interest-free loans from MDC. He also benefited from a dual-class share structure that awarded him almost half of the company’s voting rights, despite the fact that then owned just one-fifth of MDC’s stock. Following tough media scrutiny, Nadal ended those practices and converted his multiple voting shares into common stock, without any extra compensation to him

Nadal, who started his career at the age of 12 with a summer camp photography business, has been a single-minded, focused entrepreneur, and MDC is an industry anomaly created very much in his vision. Unlike larger competitors, with multiple global networks, MDC has invested in smaller entrepreneurial boutiques like CP+B and Kirshenbaum, Senecal + Partners, which operate independently.

In recent years, speculation has centered on Nadal’s interest in selling MDC, rumors that may now pick up steam.








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MDC Founder Miles Nadal Quits Amid SEC Investigation

Just how bad are the findings of the SEC’s investigation of MDC Partners’ founder Miles Nadal? That’s the question looming over the company after he quit unexpectedly this week, along with his former chief accounting officer, Michael Sabatino.

The advertising holding company—which includes several major shops such as Crispin Porter + Bogusky and 72andsunny—dropped a bombshell in its first-quarter earnings call in April, when company CFO David Doft noted that on Oct. 5, 2014, it received a subpoena from the Securities and Exchange Commission requesting documents “relating to CEO expenses, the company’s goodwill and certain other accounting practices, as well as trading in the company’s securities by third parties.” MDC execs had apparently sat on that information for six months before revealing it to investors.

MDC, which was created in 1980 as Multi Discipline Partners, said it has been fully cooperating with the SEC, as has Nadal, and in April the company believed the inquiries were then still at an early stage. MDC has not issued any updates about the pending investigation.

Scott Kauffman, who has been presiding director of MDC’s board since 2012 and a board member for nine years, will replace Nadal as CEO. The Palo Alto, Calif.-based exec has been affiliated with media and technology companies throughout his career and in 2008 was named CEO of SourceForge, Inc., now called Geeknet, which owns and operates SourceForge.net, ThinkGeek, Slashdot, and Freshmeat, now Freecode.

In a statement, MDC said Nadal has agreed to repay all expenses that were requested to be repaid by a special committee of MDC’s board, including an additional $1.88 million that was recently identified.The company added that in connection with his “retirement,” Nadal is required under MDC incentive and retention agreements to repay $10.58 million in retention amounts received between 2012 and 2015. In addition, Nadal is not eligible for any compensation payments or severance.

Former MDC financial exec Sabatino has also agreed to repay the company $208,535 in cash bonus payments received between 2012 and 2014.

Nadal, who resides in the tax-free haven of Paradise Island in the Bahamas and is highly compensated at the money-losing company, had a reputation as a financial wheeler-dealer in his native Canada, where MDC was headquartered prior to relocating to New York.

The flamboyant self-made man, known for his 80-foot Lazzare motor cruiser, named Dare to Dream, drew criticism in Canada for his corporate governance practices. His ex-father-in-law served on his board, for instance, and occupied a role on key committees, and Nadal and other top company execs received interest-free loans from MDC. He also benefited from a dual-class share structure that awarded him almost half of the company’s voting rights, despite the fact that then owned just one-fifth of MDC’s stock. Following tough media scrutiny, Nadal ended those practices and converted his multiple voting shares into common stock, without any extra compensation to him

Nadal, who started his career at the age of 12 with a summer camp photography business, has been a single-minded, focused entrepreneur, and MDC is an industry anomaly created very much in his vision. Unlike larger competitors, with multiple global networks, MDC has invested in smaller entrepreneurial boutiques like CP+B and Kirshenbaum, Senecal + Partners, which operate independently.

In recent years, speculation has centered on Nadal’s interest in selling MDC, rumors that may now pick up steam.










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MDC’s Nadal Retires as CEO Amid SEC Expense Investigation

Miles Nadal, chief executive officer of marketing firm MDC Partners Inc., has retired amid a U.S. Securities and Exchange investigation into the company.

Nadal agreed to pay back an additional $1.88 million in expenses to MDC as well as $10.6 million he received in the last three years in incentive and retention payments, the company said in a statement. That’s in addition to $8.6 million he agreed to pay back earlier this year for expenses in connection with the ongoing SEC probe.

Scott Kauffman, a member of MDC’s board, will take over as CEO. In addition, Michael Sabatino, former chief accounting officer, resigned Tuesday. The company said in April the SEC had started an inquiry into Nadal’s expenses as well as accounting, goodwill and trading of the company’s stock by third parties.

MDC doesn’t “expect there will be any material impact to its previously issued financial statements as a result of these additional repayments,” according to the statement. It also reaffirmed annual financial guidance and believes second quarter results, due Aug. 6, are on track.

MDC gained 1.5 percent to $17.87 at 10:51 a.m. in New York. The stock is down 21 percent this year.

“The company is strategically well placed to remain on a path of profitable growth and is in a very strong financial and operational position,” Kauffman said in the statement. Kauffman was previously chairman or CEO of advertising technology companies Adknowledge Inc., Coremetrics Inc. and Lotame Soultions Inc.

Nadal founded New York-based MDC in 1980, building it into a holding company that owns more than 50 marketing agencies as well as a majority stake in proxy advisory firm Kingsdale Shareholder Services Inc. MDC has worked with clients including Burger King Worldwide Inc. and Bayerische Motoren Werke AG.

Well-known in his native Canada, Nadal’s name graces a large community center at a prominent intersection in downtown Toronto.

MDC's Miles Nadal resigns, to pay back $12.5M as part of SEC probe

By Peter Henderson, The Canadian Press

TORONTO - The founder of Toronto-based advertising group MDC Partners Inc. has announced his resignation as CEO amid an ongoing investigation by the U.S. securities regulator into executive pay and the company’s accounting practices.

Miles Nadal has agreed to pay back $1.9 million in expenses and $10.6 million in salary and bonuses in connection with the investigation by the U.S. Securities and Exchange Commission, and will not receive any severance or compensation for stepping down.

Chief accounting officer Michael Sabatino is also resigning, and will repay $208,000 in bonuses.

All figures are in American dollars.

A spokesman for Miles Nadal would not say if there was any relationship between the CEO’s abrupt resignation and the ongoing investigation.

“He’s going to spend more time with his family and pursue his philanthropic endeavours and other business interests,” the spokesman said.

The announcement brings to more than $21 million the total Nadal has promised to pay back. The company announced in its first-quarter earnings call in April that Nadal would pay back $8.6 million in expenses he claimed for medical, travel and other bills from 2009 through 2014.

That marked the first time the company acknowledged it was under SEC investigation, although the American regulator served the company with a subpoena last October.

CFO David Doft told the conference call that the SEC requested documents “relating to CEO expenses, the company’s goodwill and certain other accounting practices, as well as trading in the company’s securities by third parties.”

Scott Kauffman, previously a presiding director on the company’s board, will take over the top spot as chairman and CEO.

MDC Partners has investments in more than 50 advertising and marketing-related agencies in Canada and abroad.

In June, MDC announced that company executives Stephen Pustil and Lori Senecal, as well as Falls Management Co. CEO Clare Copeland and Michael Kirby, a former Nova Scotia senator, would be resigning from its board, and that it was looking to add two to four new independent directors to replace them.

At the company’s most recent annual general meeting, nearly half of its shareholders rejected the pay package for executives, with only 53 per cent voting in favour. The board said the result was “clearly unsatisfactory” and that they would look to restructure their executive pay program for the second time following a 2014 revamp.

Nadal’s compensation has attracted criticism before.

In 2011, Nadal got a raise from $6 million to nearly $24 million, with more than $21.5 million in stock awards, despite the company losing $77 million during the year.

The company defended the raise by saying the stock-based compensation ensured Nadal’s interests would be aligned with those of the company.

Follow @henderburn on Twitter.

Note to readers: This is a corrected story. A previous version said Michael Kirby was a current senator; Moves Business and National, please guard against duplication