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Re: the_doctor post# 3005

Thursday, 02/17/2011 3:05:01 PM

Thursday, February 17, 2011 3:05:01 PM

Post# of 111428


It has been pointed out to me in a private message that Eric Salzman may be the largest shareholder of ShoreTel.


Here is the excerpt again - is it saying Eric Salzman or Lehman Brothers is the largest shareholder of ShoreTel?


"As a representative of Lehman Brothers, ShoreTel’s largest shareholder, Eric Salzman brings the perspective of a major institutional shareholder to the boardroom,” said Gary Daichendt, chairman of ShoreTel’s board of directors. “Furthermore, Eric’s nearly 20-year career in finance provides valuable expertise to ShoreTel in the refinement and execution of its strategy.”


The above states Eric Salzman brings the perspective of a major institutional shareholder to the boardroom. It reads to me like Lehman Brothers is the major shareholder. Am I incorrect?