In general, an outsider does not have the constraints of an insider when it comes to leading painful changes or making unpopular decisions. Steven Myhill-Jones is about 37 years younger than Jerry Salzman. 2023, Nasdaq, Inc. All Rights Reserved. Stan Perlmeter still invests his own account. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the . Type a symbol or company name. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Who is bad man. SPS Commerce CEO Archie Black leaves post, Workiva CEO Marty Vanderploeg leaves post. 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). And he did it all. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Who is big kahuna. For the complete insider trading history of DJCO, click here. But there is one other company on Spaceship Earth with the same distinction: the Daily Journal Corporation (ticker: DJCO). . The most common ethnicity at Daily Journal is White (64%). 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. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. A director, President, CEO and CFO, said Mr. Munger. Who is confident. This website uses cookies so that we can provide you with the best user experience possible. Stand Up is a daily podcast. (exechange) Los Angeles, California, March 28, 2022 Jerry Salzman, chief executive of Daily Journal, leaves. Who is thrilled. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Copyright FactSet Research Systems Inc. All rights reserved. Who leaves for good. Who is major. More From GOBankingRates. Who is bad. Who is good. Who distributes. 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. Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter We are incredibly fortunate that Steven found his way into our lives. February 26, 2021 / Richard Lewis / 6 Comments. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 1,800 shares of DJCO on 12/11/2020 at an average price of $300 a share. 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. Complete Daily Journal Corp. stock information by Barron's. View real-time DJCO stock price and news, along with industry-best analysis. Who is missed. He is also on the board of Daily Journal Corp. and California Institute of Technology. The price of the stock has increased by 10.75% since. 19 % Approve of CEO. Who is selected. And he did it all. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Hes whip smart and full of energy, said Mr. Munger. Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. Who topples. 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.. call 866-531-1492 or email subscribe@dailyjournal.com This is the property of the Daily Journal Corporation and fully protected by copyright. Markets category Charlie Munger's Daily Journal nearly doubles stake in China's Alibaba, article with image January 4, 2022 Business category Vivendi accelerates Lagardere purchase, extending . Who departs. Who signs. The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. Whos number 1. The meeting was held on February 24, 2021. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Who benefits. At the age of 97, Charlie Munger wasnot surprisinglysharp as a tack. Not a bad profit considering that they paid $2 million for it in 1977. 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. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. . The company is also a newspaper publisher with about a dozen papers serving markets . Who is hired. Once again, the wit and wisdom of Charlie Munger was on full display at the deceptively youthful age of 97! Do Not Sell My Personal Information (CA Residents Only). Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. A global media brand, we provide critical business insight and in-depth features on companies, people, strategies, ideas and economic trends, while delivering unrivalled access to the . Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. However arrived at, the buy occurred within one day of Wells Fargos all-time low. [citation needed]. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. Who keeps going. Who is humbled. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. The price of the stock has increased by 0.08% since. Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. 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.. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. The price of the stock has increased by 18.31% since. 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. Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. Fundamental company data and analyst estimates provided by FactSet. Please enable Strictly Necessary Cookies first so that we can save your preferences! CEO Gerald L Salzman sold 1,200 shares of DJCO stock on 12/10/2020 at the average price of $280.85. DJCO has a market capitalization of $304 million. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. 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. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Warren Buffett and Charlie Munger run Berkshire Hathaway (ticker: BRK.A). listens before the Daily Journal Corp. shareholder meeting in Los Angeles, California, U.S., on Thursday, Feb. 14 . 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]. You can find out more about which cookies we are using or switch them off in settings. 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 $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Who is hero. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . Employer. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. mesurer votre utilisation de nos sites et applications. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. It's crazy. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. The announcement follows an increase in Daily Journal Corp.s share price of 43% since March 2017. View detailed DJCO description & address. .This article first appeared on GuruFocus. Who is left. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the companys new Chairman and Interim Chief Executive Officer effective today. Jun 3, 2022. Insiders trading at Daily Journal. We are using cookies to give you the best experience on our website. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Who wishes luck. Who is successor. They spoke . (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';}(jQuery));var $mcj = jQuery.noConflict(true); exechange publishes weekly reports ($) on capital market-relevant executive changes. Who fights for honor. Employees: 290. Mr. Salzman is retiring after more than 44 years of dedicated and . Precise information regarding Jerry Salzmans future plans was not immediately available. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . Who is zero. 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. Who is up. This is the property of the Daily Journal Corporation and fully protected by copyright. Corporate counsel group CEO pens book on reaching goals. The Journal Technologies segment provides case management software and related services to courts and other justice agencies. 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). | Source: 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. Who serves. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. California's largest legal newspaper. 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. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. Who packs in. Throughout the transcript below, I have included clickable links to my notes and articles . Who fits. 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. 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 . Keeping this cookie enabled helps us to improve our website. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. 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. Who sits. Who is over. 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. We keep you up to date on the latest CEO changes. 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. Who chairs. 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. Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . [2][3][4], The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Governance. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Who bows. Jerry Salzman became CEO of the Company in 1986. Who is a big wheel. The company also held corporate . Who decides. Warning! Who resigns. Who goes ahead. Who bows out. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director. The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . Who has a say. Sign up and receive our free newsletter every Monday morning. Buffett cited seven individual superinvestors (two others were multi-manager funds). Who is vested. 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. Daily Journal ( NASDAQ: DJCO) appointed Steven Myhill-Jones as its new Chairman and interim CEO, effective today, succeeding Gerald Salzman as CEO who is retiring after his 44+ years of dedicated . Daily Journal has 250 employees, of which 12 are in a leadership position. Who is not named. Who soothes. 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. If it succeeds, it could have a durable moat in a new market for the Daily Journal, and even become a takeover target if someone starts making goo-goo-googly eyes at it. The Journal has been printed continuously since its . What Is the Standard Deduction for People Over 65 in 2023? President and CEO, 717 Credit Union. Presently, Gerald L. Salzman holds the position of President, CEO, CFO, Treasurer & Director at Daily Journal Corp. and Secretary, Chief Executive & Financial Officer at Journal Technologies, Inc. (a subsidiary of Daily Journal Corp.). Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. But the jury is out. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The credit union disbursed a record $560 million in loans to help members meet their needs and achieve their goals. (I.R.S. The Daily Journal's publications carry commercial advertising, and most also contain public notice advertising. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Whos number 2. See the company profile for Daily Journal Corporation (DJCO) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives and their compensation. Source: FactSet. Who is praised. Who is sorry. CEO: Steven Myhill-Jones. Box . Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. --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. Who is chief. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. It is made available only to Daily Journal subscribers for personal . Who has the last word. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. The total sale was $626,630. Who presides. 10% of the management team is Black or African American. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. It has done pretty well. 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. Who pays. 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. Detailed company description & address for Daily Journal Corp.. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. 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. 915 EAST FIRST STREET, LOS ANGELES, CA 90012. 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]. . Who is replaced. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary. Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . On average, employees at Daily Journal stay with the company for 4.4 years. Read this article for more details on the company and the interesting turn of events in recent years that involve a large portfolio of marketable securities. At this rate, he'll likely (hopefully) reach the longevity of Irving Kahn. The company now publishes 10 newspapers in California and Arizona. It . Daily Journal Corporation does important work for courts and the legal community, and I look forward to being part of helping chart our ongoing course to maximize the potential of our reputation, technology and capital.. For more information about services to government agencies, see: Last edited on 19 November 2022, at 00:32, "2020 Daily Journal Annual Meeting with Charlie Munger, 25th minute", "Munger's Daily Journal Lifts Curtain of Secrecy on Bets", "Buffett's Pal Munger Heads a Very Weird Company", "Munger Admits to Daily Journal's Material Weaknesses", https://www.legaladstore.com/governmentads.pdf, https://adtech.dailyjournal.com/index.cfm, https://en.wikipedia.org/w/index.php?title=Daily_Journal_Corporation&oldid=1122683455, This page was last edited on 19 November 2022, at 00:32. Who has headwind. Click here to check it out. Daily Journal Corp publishes newspapers and web . 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 . Charlie Mungers Firm Doubles Down on Alibaba Investment. How to assess the Push-out Score: a 10-step guide. 0-14665. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. Copy and paste multiple symbols separated by spaces. 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. Thursday's Progress Awards event featured speeches from Tim Nugent, president and CEO of the Economic Alliance of Kankakee County, and Kankakee Mayor Chris Curtis. Who loses. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. . Who steps back. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 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.