InterDigital Inc (IDCC)

[Danny Detail]

ellismd .. You raise some good points that apply, unfortunately, to the managements of many companies. I'm willing to bet that there is a single management team in corporate America that thinks they are overpaid. Most, if not all, think they are underpaid. As you have pointed out, they also have the means to correct this inequity (in their minds) that doesn't require shareholder approval. Hopefully, the legislative and regulatory bodies over time will address these loopholes. Investors on this Board who share your views should write the SEC and their representatives in Congress to prod them to do just that.

However, a proxy battle singles out the company in question as being particularly egregious in terms of, in this case, COB compensation. It will almost certainly have a negative impact on the share price in the near term and very possibly in the long term. Therefore, it is not a step to be taking lightly or without a careful assessment of the pros and cons of such an effort. That is why I and others have asked Corp to provide the details of how Harry's replacement will offset the negative impact on the stock price to yield in the long run a higher stock price than if we just waited for NOK/SAM to be completed and the highly likely retirement of Harry. To date he has been unresponsive.

Regards,
Brad