December 10, 2004

UAP execs get payday from stock sale

GREELEY- On Nov. 29, less than a week after the company launched its initial public offering, seven executives of UAP Holding Corp. of Greeley reaped $6.9 million from the sale of 463,361 shares of company stock.
While the sale was legal, it does concern analysts who would have preferred the officials hold on to the stock for a year or longer.
Executives who exercised the options and their stock sale values include: Kenny Cordell, CEO, $2.2 million; David Bullock, chief financial officer, $1.3 million; Brian Wilson, distribution president, $1.3 million; Todd Suko, general counsel, $1.09 million; Dave Tretter, executive vice…

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