"Bill enjoys his time as a vintner and is the founder and managing partner of Foley Family Wines, headquartered in Sonoma, California. Most recently, Bill formed and serves as Chairman of Glacier Restaurant Group, LLC, the largest restaurant business headquartered in Montana. He is also the developer of Rock Creek Cattle Company, an 80,000-acre working Montana ranch, featuring a high-end golf community with diverse homesteads, a well-appointed lodge for recreation and dining, and an exceptional golf course designed by Tom Doak. "
On www.forbes.com there was an article by Daniel Fisher on 6/27/2012 entitled "The Most Outrageous Executive Perks."
Fidelity National’s William Foley II Among CEOs with ‘Outrageous Perks’
The way I understand this - when the value of the loss of my almost mile long easement in Napa California was valued at $0 by an appraiser from Boise Idaho so that my loss for which I paid for title insurance for from Fidelity, the premiums which I paid and others paid for was used to pay for Fidelity's executives to visit Mr. Foley's Rock Creek Cattle Company to the tune of almost half a million dollars????
I think I have this right?? I am assuming that since they did settle the claim for an amount although not equal to the loss in my opinion still substantially more than the premium that there was indeed a loss although no acknowledgment of such. But at the same time perks were given to Fidelity executives that were paid by Fidelity to companies owned by Mr. Foley? This seems a little odd to me but then - I obviously do not understand the workings and compensation packages enjoyed by Fidelity executives. I certainly do not get perks like this from my company although it would be nice!!!!!