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  "documentTitle": "Axon Enterprise (formerly TASER) (AAXN)",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-06-19 00:00:00",
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  "notes": "Uses visual evidence (news clippings and photos) to frame the CEO's behavior as unprofessional and indicative of poor governance.",
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      "kind": "callout",
      "text": "Spruce Point cannot recommend investing in a company where the CEO makes headlines for large compensation while “flexing” his muscles. This suggests extreme managerial hubris.",
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      "text": "Mr. Smith’s reported compensation far surpasses that of the highest-paid CEOs last year at much larger companies and is about 20 times the median pay for an S&P 500 chief, according to a Wall Street Journal analysis. Axon is too small to be in the S&P 500 index",
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      "text": "Mr. Smith’s reported compensation far surpasses that of the highest-paid CEOs last year at much larger companies and is about 20 times the median pay for an S&P 500 chief, according to a Wall Street Journal analysis. Axon is too small to be in the S&P 500 index — Spruce Point Capital Management",
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      "text": "Source: Phoenix Business Journal, June 1, 2019",
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      "kind": "title",
      "text": "Excessive Comp Linked To Managerial Hubris?",
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