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Norman P. Blake Jr. Then: Chairman and chief executive of Comdisco.
Norman P. Blake, who is the chief executive of Comdisco, suggested that the finance committee review transactions quarterly.
Mr. Blake, on the Enron board since 1993, is chief executive of Comdisco Inc. and former chief executive and secretary general of the United States Olympic Committee.
But the report does not address other concerns involving the board, like the significant sales of stock by some directors, including Norman P. Blake Jr., chief executive of Comdisco.
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Former employees of Comdisco call it the nightmare executive perk.
As executive vice president he oversaw four divisions and helped increase disaster-recovery services which protect companies from severe computer crashes from 10% of Comdisco's earnings in 1993 to 33% by 1997.
Berkshire bought 16,024 more shares of Comdisco Holdings, a provider of computer-related services.
A unit of General Electric said yesterday that it had reached agreement to buy two leasing businesses of Comdisco Inc. for about $665 million in cash and assumed debt as Comdisco tries to emerge from bankruptcy proceedings.
The shares of Comdisco were trading for more than $30 a share as recently as last July.
Hewlett-Packard's $610 million acquisition of Comdisco's technology services division is facing a challenge from a rival suitor, SunGard Data Systems.
SunGard Data Systems Inc., which sells financial services software, said yesterday that it planned to bid on the computer-disaster-recovery assets of Comdisco Inc., which sought bankruptcy protection earlier this month.
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