M&A  September 9, 2019

Zayo CEO pulls in $75.93M from stock sale

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BOULDER  — Zayo Group Holdings Inc. (NYSE: ZAYO) CEO Dan Caruso made $75.93 million from stock sales last week, more than 10 times what he made the previous year at the helm of the company.

Caruso sold 2.25 million of his shares of the Boulder IT infrastructure company and stock held by companies he owns at $33.75 per share, according to disclosures filed Friday with the U.S. Securities and Exchange Commission. The combined sales amount to just under 1 percent of the company’s outstanding shares.

Caruso made just more than $7.33 million in fiscal year 2018…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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