Newsline: Dean CEO Discloses Motive for Stock Move
In a press conference last year, executives at Dean Foods Co., Dallas, said they planned to be as open as possible about the company's finances in light of the Enron scandal. Who would have thought the disclosure would get so personal.
The nation's largest milk company announced last month that Gregg Engles, chairman and chief executive, plans to sell 15% of his holdings of Dean common stock and options to help pay for his divorce settlement.