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Speedo International Limited is an Australian-British distributor of swimwear and swim-related accessories based in Nottingham, England.. Founded in Sydney, Australia in 1914 by Alexander MacRae, a Scottish emigrant, the company is now a subsidiary of the British Pentland Group.
Upon her ouster as CEO, Wachner was denied her contractual $25 million golden parachute. She sued the company and in 2002 she accepted $3.5 million in new Warnaco stock and $200,000 in cash, which she said she would donate to cancer research. [71] Wachner stayed on the board of directors until her term expired in 2003.
Excluding income from its retail investments, turnover rose 11% to £590m, with Speedo delivering a record performance. [12] In 2015, Pentland Group reported a revenue increase of 14%, to £2.2bn (year to December 2014). Within the Pentland Brands portfolio, Speedo achieved "record sales" for the second year in a row. [13]
Once upon a time, in a far away land called England, a young Prince decided to play for the university water polo team and donned a Speedo that was abnormally high up on his waist.
Benson Boone caused a stir after leaving his Cincinnati performance on September 30, 2024, wearing nothing but an American flag speedo, cowboy boots, sunglasses, and a backpack, much to the ...
In 1986, hearing that Warnaco's CEO, Robert Matura, wanted to take the company private, she partnered with Los Angeles investor Andrew Galef and offered $36 a share for the company. Although a bidding war broke out with competing bidder Matura, Wachner and Galef ultimately won the bid paying $46.50 a share [ 4 ] or $550 million [ 5 ] of which ...
For eight days in 2014, Altman was the CEO of Reddit, a social media company, after CEO Yishan Wong resigned. [66] [67] He announced the return of Steve Huffman as CEO on July 10, 2015. [68] He remained on its board until 2022. [69] Altman invested in multiple rounds of funding Reddit, in 2014, 2015, and 2021.
Elgort, who has starred in "The Fault In Our Stars" and the "Divergent" series, donned a skintight, itty-bitty speedo in lieu of swim trunks that put his ripped physique on full display.