As announced by Daily Journal Corp. in a news release and in a regulatory filing published on Monday, March 28, 2022, Gerald L. (Jerry) Salzman has left his post as chief executive officer at the publisher of newspapers and web sites covering California and Arizona, after 36 years in the role, effective March 22, 2022. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Who leaves early. 11% of Daily Journal employees are Black or African American. Mr. Gerald L. Salzman has been President at Daily Journal Corporation since 1986 and serves as its Chief Executive Officer, Chief Financial Officer, Treasurer, Chief Accounting Officer, Assistant Secretary and Director. The company now publishes 10 newspapers in California and Arizona. Who sees red. Who is at C-level. They decided to invest it in Wells Fargo stock (ticker: WFC), selling at $8 a share in the dregs of the financial crisis. Jun 3, 2022. March 28, 2022 07:00 ET | Source: Daily Journal. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Journal Technologies has distinguished itself in the market with a browser-based case management system that is a highly configurable business processing engine that is the centerpiece for document management and e-filing. mesurer votre utilisation de nos sites et applications. The Rest of the Portfolio. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Daily Journal Corp., a newspaper and software business that counts Charlie Munger as chairman, nearly doubled its holding of Chinese internet giant Alibaba Group Holding Ltd. shares in recent months. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . Who is under. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. Crypto? In addition, as part of creating additional long-term incentives for the management team while recognizing the dilution to shareholders that such incentives can cause, the companys Board of Directors has accepted Mr. Mungers gracious offer to gift to the company $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan. More From GOBankingRates. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. U.S. Securities and Exchange Commission. Re: Daily Journal Corporation (the "Company") Form 10-K for Fiscal Year Ended September 30, 2013 . By accessing ExecAtlas, you can view bios, network, connections and references of industry leading executives like Tu To. Who leaves for good. The price of the stock has increased by 0.08% since. Who is last. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. Who packs in. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Jerry Salzmans duties as CEO will be taken over temporarily by Steven Myhill-Jones, a former chief executive officer at Latitude Geographics, as Interim Chief Executive Officer. On average, employees at Daily Journal stay with the company for 4.4 years. Daily Journal Corporation has 3 current employee profiles, including Chairman & Interim CEO Steven Myhill-Jones. The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . Daily Journal. The Beachbody Co., Inc., Daily Journal Corp. Secretary & Executive Vice President-Publications, Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Russell Investment Co. - Tax Managed US Mid & Small Cap Fund, Northern Trust Investments, Inc.(Investment Management), JPMorgan Securities LLC (Investment Management). Daily Journal Corporation | 1469 seguidores en LinkedIn. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. As of June 30, 2010, The Daily Journal Corporation had cash and equivalents of $4,475,000 and US Treasury Notes and Bills of $10,639,000. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. Who is family. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. Daily Journal Corp publishes newspapers and web . Daily Journal Corp. company facts, information and financial ratios from MarketWatch. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Myhill-Jones . The Company further stated: In addition, as part of creating additional long-term incentives for the management team while recognizing the dilution to shareholders that such incentives can cause, the companys Board of Directors has accepted Mr. Mungers gracious offer to gift to the company $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan., Munger stated: I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership. To me, Munger sounded slightly more optimistic this year than last. This was the first time Berkshire had bought a quality company vs. a deep value company marking a pivotal shift in investment philosophy that opened a new superhighway for Berkshires growth. Who crumbles. Stand Up is a daily podcast. Corporate counsel group CEO pens book on reaching goals. Who departs. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. Who assists. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Who contributes. Who benefits. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents we file with the Securities and Exchange Commission. Myhill-Jones will succeed Gerald Salzman as CEO. . 100 F Street, N.E. Charlie Munger Prefers Alibaba Stock to Treasury Bills. Who will be back. Who is shamed. Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . Who resigns. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. That part is true enough: over the same period, only about 26% of DJCOs price movement is explained by the same factors that have moved Berkshires price. Who is ousted. Computer Sciences Corp. CEO Mike Lawrie's pay package over the last year was enough to propel him into the top five highest-paid executives in the Greater Washington area. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. Charles Munger will relinquish the chairman title, but will continue serving as a director, and as such will continue to pay particular attention to matters with which he has been involved in the past, including the companys securities portfolio. Munger will stay on the board and donate $1 million in Daily Journal stock . Who pays. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. These symbols will be available throughout the site during your session. The Push-out Score determined by exechange gauges the pressure surrounding Jerry Salzmans move on a scale of 0 to 10. exechange reached out to Daily Journal and offered the company the opportunity to comment on the score. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. Form 10-Q for the Quarter Ended December 31, 2013 . It consists of the combined operations of Sustain Technologies, Inc., established in the mid-1980s and acquired by the Daily Journal Corporation in 1999; New Dawn Technologies, Inc., acquired in 2012; and ISD Technologies, Inc., acquired in 2013. Who scolds. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 8,286 shares of DJCO on 12/22/2020 at an average price of $332 a share. Who is fired. Treasurer : Dated: July 3, 2014 . Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. He is also on the board of Daily Journal Corp. and California Institute of Technology. .This article first appeared on GuruFocus. Words such as expects, intends, anticipates, should, believes, will, plans, estimates, may, variations of such words and similar expressions are intended to identify such forward-looking statements. The Daily Journal newspapers have won numerous awards for its journalism, with the Los Angeles Press Club in 2003 noting that the Los Angeles Daily Journal was "the most award-winning newspaper in Los Angeles with the sole exception of the Los Angeles Times."[5]. Heathrow CEO says wealthy 'should pay' aviation transition to greener fuels. Who is vested. Who is honored. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Daily Journal Corporation. In general, an outsider does not have the constraints of an insider when it comes to leading painful changes or making unpopular decisions. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company . Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Mr. Salzman is retiring after more than 44 years of dedicated and . Who steps down. In early 2009, the Daily Journals coffers were sloshing with cash from printing foreclosure notices undertakers during a plague is how Munger describes it. Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. Who is a friend. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. Why Wells Fargo? I am incredibly excited about this opportunity to learn from and work with the team at the Daily Journal and Journal Technologies, said Mr. Myhill-Jones. Who gives in. It's Not Time to Buy. He led the company during an incredibly challenging time for newspapers, while also building out a promising court software business in what is a terribly difficult but dynamic market. This is incredibly relevant on a number of fronts. Who signs. CEO Gerald L Salzman sold 1,800 shares of DJCO stock on 12/11/2020 at the average price of $300. Who is selected. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Who speaks. Who earns it. Journal Technologies makes software for trial and appellate courts and agencies related to court systems, including prosecutorial agencies, public defenders, probation departments and pretrial offices, throughout the United States, Canada and Australia. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. International stock quotes are delayed as per exchange requirements. Who fights for money. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Type a symbol or company name. Who bows out. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. 61% of the management team is White. Who reigns. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company's new Chairman and Interim Chief . Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. Is there a competitive advantage to having two superinvestors on your board of directors? Contacts Change value during other periods is calculated as the difference between the last trade and the most recent settle. Who chairs. Value investors know Warren Buffetts classic retort to efficient market theory, The SuperInvestors of Graham and Doddsville. It originally took the form of a speech he gave at Columbia business school on the 50th anniversary of the publication of Graham and Dodds Security Analysis. Steven was part of a team that built a very successful technology company out of nothing, and he ran it for a long period of time, with tenacity, patience and a focus on customer service. A fictitious business name web site, www.DBAstore.com, enables individuals to send their statements to the company for filing and publication and another web site, www.LegalAdStore.com, enables attorneys and individuals to send probate, civil, corporate, public sale and other types of public notices to the company. Daily Journal. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. CEO: Steven Myhill-Jones. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. call 866-531-1492 or email subscribe@dailyjournal.com This is the property of the Daily Journal Corporation and fully protected by copyright. Opinions expressed by Forbes Contributors are their own. (exechange) Los Angeles, California, March 28, 2022 Jerry Salzman, chief executive of Daily Journal, leaves. At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. Chere Estrin is the CEO of Estrin Legal Staffing and President & Co-Founding Member of the Organization of Legal Professionals (OLP), an online continuing legal education organization for . Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Daily Journal Corporation offers legal software and services to US courts and other justice agencies, including browser-based case processing systems (eCourt, eProsecutor, eDefender, and eProbation) and electronic filing and payment tools (eFile, ePayIt). Who is over. It operates through the Traditional Business and Journal Technologies segments. Who excites. It is a generational change. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the . Fundamental company data and analyst estimates provided by FactSet. Who is Who. Charlie Munger, the 98-year-old investor who's a longtime business partner of Warren Buffett, is giving up his chairman title at the Daily Journal Corp. and donating $1 million of stock to . Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. Heres Why. Precise information regarding Jerry Salzmans future plans was not immediately available. He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. At this rate, he'll likely (hopefully) reach the longevity of Irving Kahn. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Who goes through hell. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Who recovers. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. In Camelot, there was once a time in 1972 when three (countem 3) superinvestors were on the board of one company: Buffett, Munger, and Guerin all joined the board of Sees Candy immediately after Berkshire made the acquisition. And he did it all. We are incredibly fortunate that Steven found his way into our lives. Who is victor. We keep you up to date on the latest CEO changes. Imagine that! The company has offices in Corona, Oakland, Riverside, Sacramento, San Diego, San Francisco, San Jose, and Santa Ana in California, and in Denver, Colorado; Logan, Utah; Phoenix, Arizona and Melbourne, Australia. A director, President, CEO and CFO, said Mr. Munger. All rights reserved. Hat tip to Ron Harkey for opening the door. Chief Executive Officer. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Who is victim. Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. Who is gone. He led the company during an incredibly challenging time for newspapers, while also building out a promising court software business in what is a terribly difficult but dynamic market. Who is minor. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. Whos obsolete. Imagine that! Whos old. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. Who keeps going. The company also held corporate . DJCO has a market capitalization of $304 million. Read the full story in the exechange report 14.2022 ($). Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. Jerry Salzmans move coincides with a management shake-up also involving the positions of Chief Financial Officer; CEO of Journal Technologies; President of Journal Technologies; Co-Chief Technology Officers of Journal Technologies; Executive Vice President-Publications of Daily Journal Corporation; Assistant Controller of the company; and Editor-in-Chief of the Daily Journal newspapers. dvelopper et amliorer nos produits et services. As my nephew Chris DeMuth Jr. of Rangeley Capital put it, So much for the idea that you cant time the market. another shibboleth of efficient market theory. Who says what. Keeping this cookie enabled helps us to improve our website. Who is replaced. Stan Perlmeter still invests his own account. Munger became Chairman (because he was an attorney) with Guerin as the largest single shareholder, and Gerald Salzman the Platonic form of a Buffett-style manager taking over as CEO shortly thereafter. Who is bad man. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Mar 28, 2022, 7:00 AM ET. The credit union disbursed a record $560 million in loans to help members meet their needs and achieve their goals. This is the property of the Daily Journal Corporation and fully protected by copyright. Source: FactSet. They also have listed positions in Bank of America and US Bankcorp in a highly concentrated portfolio (a half-dozen positions) that would give modern portfolio theorists the heebie-jeebies. Who gives up. Who has a vote. Detailed company description & address for Daily Journal Corp.. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Who presides. Who mourns. CEO Steven Myhill-Jones Number Of Employees 315 Sector Consumer Services. . Who is confidant. Daily Journal Corporation offers legal software and services to US courts and other justice agencies, including browser-based case processing systems (eCourt, eProsecutor, eDefender, and eProbation) and electronic filing and payment tools (eFile, ePayIt). Its flagship papers include the Los Angeles Daily Journal and the San Francisco Daily Journal, . Whos number 2. Who is silent. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Daily Journal. Fundamental company data and analyst estimates provided by FactSet. The Daily Journal is a legal publisher in Los Angeles, spun out in 1986 as a public company from a closed-end fund Munger and Guerin owned. Who is at rest. Who loses. 19 % Approve of CEO. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. About Daily Journal Corp. (S.C.) 915 EAST FIRST STREET, LOS ANGELES, California, 90012, United States +1 213 229-5300 https://www.dailyjournal.com. Our company is proud of the work we do to help those courts and the legal system as a whole be more informed, more efficient and more accessible.. As Chairman, I look forward to participating in the strategic growth of our businesses, and as Interim Chief Executive Officer, I intend to lead based on principles and integrity, while evaluating the best long-term possibilities for the company. On December 29, 2021, Maryjoe Rodriguez was appointed to the Board to fill the vacancy created with Mr. Salzman's resignation. Who has to go. CNSB places public notices and other forms of advertising with adjudicated newspapers of general circulation, most of which are not owned by The Daily Journal.[6]. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. The company is also pleased to announce several promotions of long-serving team members. (I.R.S. 95-4133299 (State or Other Jurisdiction (Commission File No.) Whos out. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Charlie Mungers Firm Doubles Down on Alibaba Investment. CEO Gerald L Salzman sold 8,286 shares of DJCO stock on 12/22/2020 at the average price of $332. Division of Corporate Finance. Filed on August 13, 2014 Charles T. Munger purchased the paper in 1977 and through a series of acquisitions and organic growth built it into a group of newspapers and websites that provide information on the legal industry, real estate and general business. Daily Journal Corp has a market cap of $458.760 million; its shares were traded at around $332.260000 with a P/E ratio of 113.39 and P/S ratio of 9.19. Create your Watchlist to save your favorite quotes on Nasdaq.com. Berkshires Charlie Munger Praises China for Banning 'Worthless Bitcoin, Daily Journal Corporation Announces Financial Results for the Three Months ended December 31, 2022, Daily Journal Corporation Announces Financial Results for Fiscal Year ended September 30, 2022, This value fund manager is sticking with Netflix and Facebook's parent and has a new position in another megacap tech stock, Charlie Mungers Daily Journal Slashes Alibaba Stake, Charlie Munger compares crypto to 'venereal disease,' warns of inflation danger, Charlie Munger Expects Index Funds to Change the Worldand Not in a Good Way. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 2,230 shares of DJCO on 11/10/2020 at an average price of $281 a share. Daily Journal Corporation has 1 board member or advisor, Charles Munger . Complete Daily Journal Corp. stock information by Barron's. View real-time DJCO stock price and news, along with industry-best analysis. Whos number 1. Who is left. 4d. Who is successful. You can find out more about which cookies we are using or switch them off in settings. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . Data may be intentionally delayed pursuant to supplier requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Click here to check it out. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the Company's 2022 Annual Meeting of Shareholders. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. For the complete insider trading history of DJCO, click here. This website uses cookies so that we can provide you with the best user experience possible. Who is blamed. Who is good man. But the jury is out. That leaves three others in the public sphere. . Who is well. Who is missed. Who is groomed. DJCO - key executives, insider trading, ownership, revenue and average growth rates. The price of the stock has increased by 10.75% since. --Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company' s new Chairman and Interim Chief Executive Officer effective today. The company is also a newspaper publisher with about a dozen papers serving markets . Who is familiar. 2.2 26 % Recommend to a Friend. Who can say it? Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. The Daily Journal's publications carry commercial advertising, and most also contain public notice advertising. Daily Journal Corporation publishes newspapers and websites reporting California and Arizona news and produces several specialized information services. Who is bad. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary.
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