Ann Mather, a Google board member, could well find herself on the receiving end of a Securities and Exchange Commission lawsuit regarding stock option transactions made while she was chief financial officer at Pixar Animation Studios.
"On April 23, 2008, Ann was advised by the staff of the Los Angeles office of the Securities and Exchange Commission (SEC) that it intends to recommend that the SEC initiate a civil proceeding against her, alleging violation of federal securities laws related to certain stock option transactions involving her former employer, Pixar Animation Studios," Google said in a regulatory filing Monday.
Mather was Pixar's CFO from 1999 to 2004. She's been on Google's board since November 2005.
She's also on the board of Zappos.com, Central European Media Enterprises Group, and Ariat International.
The whole world is watching as Steve Jobs' Apple launches perhaps its most-anticipated product ever, the iPhone, Friday.
But in technology circles at least, I've heard few, if any, references to the fact that Jobs' other company, Pixar--OK, Disney-Pixar--also has a major launch Friday.
And that, if you haven't been paying attention through the iPhone haze, is Ratatouille, Pixar's latest film and, if the early reviews are indicative, its latest hit.
Jobs is already noteworthy among tech titans for running two vital companies at the same time (at least when Pixar was independent), but I'm having trouble remembering when, if ever, someone had two significant--and entirely different--products launching on the same day.
And, sure, Jobs' role in producing Ratatouille was surely far smaller than with the iPhone.
Still, love him or hate him, you have to raise a toast to Steve Jobs and the rather incredible day Friday, June 29, 2007, is going to be for him.
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