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Sharon Patrick

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BUSINESS
June 9, 2003 | Aimee Picchi, Bloomberg News
Sharon Patrick, who was named chief executive of Martha Stewart Living Omnimedia Inc. last week, is emerging from behind the scenes to try to re- furbish the indicted founder's brand. Patrick, 60, drew up the business plan that turned Stewart into a household icon after the women met 10 years ago on a hiking trip to Mt. Kilimanjaro in Tanzania. Patrick has been the New York-based media company's chief operating officer since 1997 and earned $1.52 million in salary and bonus last year.
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BUSINESS
June 9, 2003 | Aimee Picchi, Bloomberg News
Sharon Patrick, who was named chief executive of Martha Stewart Living Omnimedia Inc. last week, is emerging from behind the scenes to try to re- furbish the indicted founder's brand. Patrick, 60, drew up the business plan that turned Stewart into a household icon after the women met 10 years ago on a hiking trip to Mt. Kilimanjaro in Tanzania. Patrick has been the New York-based media company's chief operating officer since 1997 and earned $1.52 million in salary and bonus last year.
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BUSINESS
May 8, 2004 | From Bloomberg News
Martha Stewart Living Omnimedia Inc. said its loss widened to $20.3 million and sales fell for a sixth straight quarter as its founder's obstruction-of-justice trial and conviction kept some advertisers off the company's magazine pages. The net loss in the first quarter expanded to 41 cents a share, from $4.51 million, or 9 cents, a year earlier, the company said. Sales declined 23% to $44.5 million.
BUSINESS
December 4, 2004
* Federal prosecutors are examining payments that pharmacy benefit management company Medco Health Solutions Inc. made to a health insurer to see whether they violated anti-kickback laws, according to court filings. * Martha Stewart Living Omnimedia Inc.'s former chief executive, Sharon Patrick, has left the New York media and merchandising company's board, the company said. * Intelsat Ltd. said it had regained control of a communications satellite whose failure had threatened the planned $3.
BUSINESS
November 1, 2002 | From Reuters
Martha Stewart Living Omnimedia Inc. said Thursday its third-quarter profit plunged and warned of a fourth-quarter shortfall as it struggles to hang on to readers and advertisers amid the insider-trading scandal embroiling its namesake founder. Martha Stewart Living, whose businesses range from magazines and television to retail products sold at Kmart Corp.
BUSINESS
March 16, 2004 | From Associated Press
Martha Stewart handed over her keys to the executive suite of the media empire she built Monday, a little more than a week after she was convicted on four federal charges. But she's not cutting ties to the multimillion-dollar business that grew from a suburban Connecticut catering business. Stewart stepped down from her board seat and gave up her chief creative officer title but will still retain a creative role at Martha Stewart Living Omnimedia Inc.
BUSINESS
November 27, 2004 | From Bloomberg News
Martha Stewart Living Omnimedia Inc.'s former chairman and largest outside holder, Jeffrey Ubben, sold more than half his stake in the company this month as the shares reached their highest price in more than two years. Ubben's ValueAct Capital Partners sold 2 million shares valued at $38.6 million, regulatory filings show.
BUSINESS
November 12, 2004 | Meg James, Times Staff Writer
She's going from "Desperate Housewives" to helping housewives -- and, perhaps, shareholders of Martha Stewart's embattled company. Susan Lyne, former president of ABC Entertainment, on Thursday was named president and chief executive of Martha Stewart Living Omnimedia Inc. Lyne replaced Sharon Patrick, who resigned, the company said in a statement.
BUSINESS
March 5, 2003 | From Reuters
Martha Stewart said Tuesday that the legal troubles that have tarnished her image may be resolved soon, but the company that bears her name said it could not yet see an end to its financial woes. "Although I am increasingly hopeful that my personal legal situation will be resolved in the near future, it is still inappropriate for me to discuss anything relating to [it] on this call," Stewart said during a Martha Stewart Living Omnimedia Inc.
NEWS
December 8, 2000 | RICARDO ALONSO--ZALDIVAR, TIMES STAFF WRITER
President Clinton, soon to face the ordeal of commercial air traffic as a private citizen, Thursday announced a package of reforms designed to make the Federal Aviation Administration more efficient and accountable. "The fact is, the FAA's 20-year effort to modernize its air-traffic-control technology simply has not been able to keep pace with either the emergence of new technology or the growth and demand for air travel," Clinton said. "While we've made significant progress . . .
BUSINESS
December 2, 2002 | Adam Pasick, Reuters
Wanted: Domestic lifestyle advice from a telegenic personality. Magazine, line of retail products and a squeaky-clean stock portfolio a plus. With Martha Stewart hamstrung by an investigation into alleged insider trading, branding experts say the door is open for a flock of tastemakers to push their own mass-market cooking, decorating and gardening advice. At the head of the pack are New York-based restaurateur B.
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