Advertisement
YOU ARE HERE: LAT HomeCollectionsJohn Antioco
IN THE NEWS

John Antioco

FEATURED ARTICLES
BUSINESS
April 19, 2005 | Lorenza Munoz, Times Staff Writer
Blockbuster Inc. Chief Executive John Antioco lashed out Monday at the company's biggest shareholder, Carl Icahn, accusing the New York financier of creating "turmoil and uncertainty" through criticisms that he said would jeopardize the company. In a letter Antioco further raises the already growing tensions between Blockbuster and Icahn, who owns 9.7% of the nation's largest video rental chain.
ARTICLES BY DATE
BUSINESS
May 24, 2005 | From Reuters
Blockbuster Inc. Chairman and Chief Executive John Antioco sold 11% of his equity stake in the company last week, regulatory filings show. Antioco sold 12,700 shares May 17 for $10 a share and sold an additional 150,000 shares later that week for $9.60 to $9.70, according to filings with the Securities and Exchange Commission. Blockbuster shares fell 19 cents to $9.54 on the New York Stock Exchange.
Advertisement
BUSINESS
May 10, 2005 | From Reuters
A shareholder advisory firm said Monday that Blockbuster Inc. shareholders should vote against Chairman and Chief Executive John Antioco, saying he lacked a strategic vision for the nation's largest video rental chain and had been overpaid for years. Proxy advisory firm Glass, Lewis & Co. of San Francisco urged shareholders to back a slate of directors offered by billionaire investor Carl Icahn, raising the stakes for a showdown at the Dallas-based company's annual shareholder meeting Wednesday.
BUSINESS
May 10, 2005 | From Reuters
A shareholder advisory firm said Monday that Blockbuster Inc. shareholders should vote against Chairman and Chief Executive John Antioco, saying he lacked a strategic vision for the nation's largest video rental chain and had been overpaid for years. Proxy advisory firm Glass, Lewis & Co. of San Francisco urged shareholders to back a slate of directors offered by billionaire investor Carl Icahn, raising the stakes for a showdown at the Dallas-based company's annual shareholder meeting Wednesday.
BUSINESS
April 28, 2005 | From Bloomberg News
Blockbuster Inc. Chief Executive John Antioco said he would resign if shareholders sided with billionaire Carl Icahn's efforts to unseat him from the board, saying he considered the vote a referendum on the company's strategy. Antioco made the comment in meetings with investors, Dallas-based Blockbuster said.
BUSINESS
May 24, 2005 | From Reuters
Blockbuster Inc. Chairman and Chief Executive John Antioco sold 11% of his equity stake in the company last week, regulatory filings show. Antioco sold 12,700 shares May 17 for $10 a share and sold an additional 150,000 shares later that week for $9.60 to $9.70, according to filings with the Securities and Exchange Commission. Blockbuster shares fell 19 cents to $9.54 on the New York Stock Exchange.
BUSINESS
January 24, 2005 | Lorenza Munoz, Times Staff Writer
OK, so Blockbuster Inc. ditched the late fees. Now what? Plenty, according to John Antioco, the video rental chain's chairman and chief executive. Although Blockbuster has been struggling to compete against big retailers like Target Corp. and Wal-Mart Stores Inc. and online challenger Netflix Inc., it's still the world's largest renter of video tapes, DVDs and video games. And Antioco is convinced the bricks-and-mortar rental store isn't a relic.
BUSINESS
June 4, 1997 | GREG JOHNSON, TIMES STAFF WRITER
Taco Bell Corp. President John F. Antioco, a leading contender for the top job at PepsiCo Inc.'s planned restaurant company, abruptly resigned Tuesday to become chairman and chief executive of the struggling Blockbuster Entertainment video chain. Antioco, 47, who engineered a successful turnaround at Circle K Corp. before joining Taco Bell eight months ago, will join Blockbuster, a Viacom Inc. subsidiary, on July 1. He will succeed Bill Fields, a former top Wal-Mart Stores Inc.
BUSINESS
April 30, 2005 | From Bloomberg News
Blockbuster Inc. said Chief Executive John Antioco would receive about $54 million in payments under his employment contract if he is not reelected to the board. The executive wants to stay with the company and earn his compensation, Dallas-based Blockbuster said. Carl Icahn, the company's largest shareholder, has proposed an alternative slate of three directors for the vote scheduled for next month.
BUSINESS
April 20, 2005 | From Associated Press
Carl C. Icahn, who has been feuding with the management of Blockbuster Inc. for several weeks, said the big movie-rental chain should be sold. Icahn, Blockbuster's largest single shareholder, made the comment in a one-sentence filing with the Securities and Exchange Commission. A Blockbuster spokesman said the Dallas-based company would be open to offers.
BUSINESS
April 28, 2005 | From Bloomberg News
Blockbuster Inc. Chief Executive John Antioco said he would resign if shareholders sided with billionaire Carl Icahn's efforts to unseat him from the board, saying he considered the vote a referendum on the company's strategy. Antioco made the comment in meetings with investors, Dallas-based Blockbuster said.
BUSINESS
April 19, 2005 | Lorenza Munoz, Times Staff Writer
Blockbuster Inc. Chief Executive John Antioco lashed out Monday at the company's biggest shareholder, Carl Icahn, accusing the New York financier of creating "turmoil and uncertainty" through criticisms that he said would jeopardize the company. In a letter Antioco further raises the already growing tensions between Blockbuster and Icahn, who owns 9.7% of the nation's largest video rental chain.
BUSINESS
January 24, 2005 | Lorenza Munoz, Times Staff Writer
OK, so Blockbuster Inc. ditched the late fees. Now what? Plenty, according to John Antioco, the video rental chain's chairman and chief executive. Although Blockbuster has been struggling to compete against big retailers like Target Corp. and Wal-Mart Stores Inc. and online challenger Netflix Inc., it's still the world's largest renter of video tapes, DVDs and video games. And Antioco is convinced the bricks-and-mortar rental store isn't a relic.
BUSINESS
June 4, 1997 | GREG JOHNSON, TIMES STAFF WRITER
Taco Bell Corp. President John F. Antioco, a leading contender for the top job at PepsiCo Inc.'s planned restaurant company, abruptly resigned Tuesday to become chairman and chief executive of the struggling Blockbuster Entertainment video chain. Antioco, 47, who engineered a successful turnaround at Circle K Corp. before joining Taco Bell eight months ago, will join Blockbuster, a Viacom Inc. subsidiary, on July 1. He will succeed Bill Fields, a former top Wal-Mart Stores Inc.
BUSINESS
January 17, 2002 | Associated Press
Blockbuster Inc. said Chief Executive John Antioco has signed on to stay with the video-rental retailer through 2006. Antioco's previous contract was scheduled to expire in June. Blockbuster is 82%-owned by entertainment and advertising giant Viacom Inc. Viacom President Mel Karmazin said Antioco has led Blockbuster through a time of growth and to a greater share of the world's video-rental business. Blockbuster shares rose 20 cents to close at $20.27. Viacom fell $2.13 to $42.80.
BUSINESS
September 6, 1995 | Times Staff and Wire Reports
National Convenience Stores Target of Hostile Bid: Circle K Corp. said it will begin a $20-a-share hostile offer for the company and that it filed two lawsuits seeking to kill National Convenience's takeover defenses, including the Houston-based company's new "poison pill." Circle K values the offer at about $232 million, including the assumption of about $103 million in National Convenience debt.
Los Angeles Times Articles
|