InterDigital Inc (IDCC)

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rmarchma -- excellent post, but

you left out discussion of by far the single most outrageous compensation-related issue of all -- the stunningly audacious and outrageous grants of options/RSUs by Harry Campagna to Harry Campagna (tell me he needs Roath to approve those grants, and I'll say look at the extremely generous options/RSU grants to Roath); back those options grants out of the picture, and the overall options/etc. picture at IDCC is far less out of line

the time to have called Harry out on his obscenely greedy and over-reaching self-dealing was when he was up for re-election to the BOD last year -- I tried to make an issue of this at that time, but few if any followed my lead -- now it's still more than 2 years till he's up for re-election again (remember that 1.5m share options plan for outside directors shareholders approved a couple of years ago, sold on the basis that it would enable the company to attract highly qualified outside directors? -- well, we have not added one single new director, and almost all of the grants under that plan have gone [what a surprise] to Harry [with Roath getting his cut, and perhaps with a few going to the company's other true outside directors])

I think Harry should resign the chairmanship of the BOD, as well as his position on the compensation committee; and he should also instruct the company in writing that he will not ever again accept anything more than the minimum directors compensation/options/whatever -- not holding my breath, though

take another crack at that communication I recently said not to send, to include more of the substance of your post and this reply, and I will not only support it, I'll add my signature if you'd like

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