I call foul on the over use of the words... Special committee:
“After thoroughly evaluating a full range of strategic alternatives, the Special Committee of the SMART Board concluded that this transaction is fair to and in the best interests of the Company’s shareholders,” said Kimberly Alexy, Chair of the Special Committee. “The Special Committee unanimously recommended this transaction to the SMART Board, which approved the transaction based on the Special Committee’s
Ain't that special?
Now...who's Kimberly Alexy?
Kimberly E. Alexy C.F.A. Director, Chairman of Nominating & Corporate Governance Committee, Member of Compensation Committee and Member of Audit Committee, SMART Modular Technologies (WWH) Inc.
This person is connected to 13 board members in 2 different organizations across 6 different industries.
BACKGROUND*
Ms. Kimberly E. Alexy, CFA., Founded Alexy Capital Management in 2005 and serves as its Principal. Ms. Alexy served as Senior Vice President and Managing Director of Equity Research of Prudential Securities from 1998 to 2003 and served as its Principal Technology Hardware Analyst. She served as an Equity Analyst of Research Division at Prudential Equity Group, LLC. Ms. Alexy also served as an Equity Analyst for leading technology companies including Apple, Dell, HP, ... IBM, Network Appliance Inc., Palm, Sun Microsystems, Seagate, Western Digital and Maxtor among others where, she provided research coverage. Prior to Prudential, she served as Vice President of Equity Research for Lehman Brothers Holdings Inc. She began her career in corporate finance at Wachovia Bank. She served as an Assistant Vice President of Corporate Finance at Wachovia Bank.
She has been a Director of SMART Modular Technologies (WWH) Inc., since September 1, 2009. She has been a Director of CalAmp Corp. since June 2008. She served as a Director of Dot Hill Systems Corp. from December 13, 2005 to May 3, 2010. She served as a Director of Southwest Water Co. from August 10, 2009 to September 13, 2010. Ms. Alexy served as Director of Maxtor Corp. since August 22, 2005. During her tenure at Prudential, she was ranked by Institutional Investor Magazine as one of the top Equity Research Analysts in her sector for three years in a row and by The Wall Street Journal as 'Best on the Street' in the computer sector. Ms. Alexy is a Chartered Financial Analyst and holds a BA in Psychology from Emory University and an M.B.A. in Finance and Accounting from the College of William & Mary.