I was both shocked and saddened when the news broke yesterday that Seventh Generation's longtime co-founder and ex-ceo Jeffrey Hollender had just been fired by the company's board of directors. A little more than a month after the green cleaning products company's new CEO, PepsiCo expat Chuck Maniscalco, quietly and abruptly resigned after only a year-plus on the job, "the Board has decided to end the company’s employment relationship with Jeffrey," wrote Seventh Generation chairman Peter Graham in a letter to the company's stakeholders.
My initial reaction was that it was Hollender's mouth that put the final nail in the coffin. In all my years as a business journalist, I have never met a chief executive as refreshingly candid as Hollender.
Last fall, when I traveled to his adopted hometown of Burlington, Vermont to report a story on ethical capitalism, I was impressed with his ability to be so...
My initial reaction was that it was Hollender's mouth that put the final nail in the coffin. In all my years as a business journalist, I have never met a chief executive as refreshingly candid as Hollender.
Last fall, when I traveled to his adopted hometown of Burlington, Vermont to report a story on ethical capitalism, I was impressed with his ability to be so...
- 11/3/2010
- by Danielle Sacks
- Fast Company
By Wrap Staff
Two of the entertainment industry’s leading independent financers -- 120dB Films and Tax Credit Finance -- have merged to form 120dB Films Tax Finance.
120dB Films was founded by Stephen Hays and Peter Graham in 2004, and Anthony Gudas previously managed Tcf; the three will run the newly-formed company.
120dB Films and Tcf have worked together on numerous productions, including co-funding the Oregon-based second season of the TNT television series “Leverage” and Robert Rodriguez’s Texas-based feature “Mach...
Two of the entertainment industry’s leading independent financers -- 120dB Films and Tax Credit Finance -- have merged to form 120dB Films Tax Finance.
120dB Films was founded by Stephen Hays and Peter Graham in 2004, and Anthony Gudas previously managed Tcf; the three will run the newly-formed company.
120dB Films and Tcf have worked together on numerous productions, including co-funding the Oregon-based second season of the TNT television series “Leverage” and Robert Rodriguez’s Texas-based feature “Mach...
- 9/15/2009
- by Michael Speier
- The Wrap
Indie financiers 120dB Films and Tax Credit Finance have merged to form the 120dB Films Tax Finance, with plans to place and fund credits on aggregate production budgets of more than $300 million in 2010.
The new entity's managing partners will be Stephen Hays and Peter Graham, who founded 120dB in 2004, and Anthony Gudas, who managed Tcf.
120dB has served as a senior lender to indie films and TV, providing gap, presale, tax credit, finishing funds, prints and advertising as well as bridge financing for more than 40 films and TV series. Tcf has overseen more than $300 million in project financing since its formation in 2002.
120dB and Tcf also have worked together on such productions as TNT's "Leverage," Robert Rodriguez's feature "Machete" and the Josh Lucas-Terrence Howard starrer "Little Murder."
120dB Films Tax Finance expects to incorporate in Iowa and register in several other states where there is tax-credit demand.
The new entity's managing partners will be Stephen Hays and Peter Graham, who founded 120dB in 2004, and Anthony Gudas, who managed Tcf.
120dB has served as a senior lender to indie films and TV, providing gap, presale, tax credit, finishing funds, prints and advertising as well as bridge financing for more than 40 films and TV series. Tcf has overseen more than $300 million in project financing since its formation in 2002.
120dB and Tcf also have worked together on such productions as TNT's "Leverage," Robert Rodriguez's feature "Machete" and the Josh Lucas-Terrence Howard starrer "Little Murder."
120dB Films Tax Finance expects to incorporate in Iowa and register in several other states where there is tax-credit demand.
- 9/15/2009
- by By Gregg Kilday
- The Hollywood Reporter - Movie News
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