Anonymous ID: 946621 Nov. 7, 2018, 9:47 a.m. No.3783402   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

The Plan

 

Watch out, you might get what you're after

Cool babies, strange but not a stranger

I'm an ordinary guy

Burning down the house

 

Hold tight

Wait 'til the party's over

Hold tight

We're in for nasty weather

There has got to be a way

Burning down the house

 

Here's your ticket pack your bags

Time for jumpin' overboard

The transportation is here

Close enough but not too far,

Maybe you know where you are

Fightin' fire with fire

 

All wet, hey, you might need a raincoat

Shakedown, dreams walking in broad daylight

Three hundred sixty five degrees

Burning down the house

 

It was once upon a place,

Sometimes I listen to myself

Gonna come in first place

People on their way to work,

Baby, what did you expect?

Gonna burst into flame

 

Burning down the house

 

My house's out of the ordinary

That's right

Don't want to hurt nobody

Some things sure can sweep me off my feet

Burning down the house

 

No visible means of support

And you have not seen nothin' yet

Everything's stuck together

And I don't know what you expect

Staring into the TV set

Fighting fire with fire

Anonymous ID: 946621 Nov. 7, 2018, 10:05 a.m. No.3783677   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>3695

>>3783626

 

Colony Capital's CEO departs; Tom Barrack reassumes CEO role

 

In mutual agreement with the board, Colony Capital (NYSE:CLNY) CEO Richard Saltzman resigns as CEO and director and will be succeeded by Chairman Thomas Barrack, who founded Colony in 1991.

 

CLNY -1.6% in premarket trading.

 

Saltzman will remain non-executive chairman of Colony Credit Real Estate (OTC:CNLC) and NorthStar Realty Europe (NYSE:NRE), which are externally managed by subsidiaries of Colony Capital.

 

Colony's current CFO, Darren Tangen, will become president, effective immediately, and will resign as CFO as of Jan. 1, 2019.

 

COO Mark Hedstrom will assume the additional role of CFO.

 

In connection with CLNY's exit of certain non-core business lines and as part of a restructuring plan, Colony Capital will take a series of steps expected to cut total annual G&A costs by $50M-$55M over the next 12 to 18 months.

 

Previously: Colony Capital beats by $0.03, beats on revenue (Nov. 7)

 

https://seekingalpha.com/news/3406444-colony-capitals-ceo-departs-tom-barrack-reassumes-ceo-role

 

What do we know about Tom Barrack? Relevant or not?