Aside from a flagrant abuse of the law, the word can also be used to describe anything that is obviously bad â like flagrant bad taste or flagrant abuse of the rules of grammar.
Elliott Management Corporation is an American hedge fund management firm. It serves as the management affiliate of American hedge funds flagship Elliott Associates L.P. and Elliott International Limited. Elliott was founded by Paul Singer, who also serves as CEO of the management company, which is based in New York City. From inception, Elliott has generated for its investors a 14.6% net compound annual return, compared to 10.9% for the S&P 500 stock index, and now has more than US$23 billion in assets under management.
PetSmartâs new owners did not announce any changes other than the departure of President and CEO David K. Lenhardt. His replacement is Michael J. Massey, the former CEO of Collective Brands Inc., which owns the Payless ShoeSource chain. âMy 15-year journey with PetSmart is filled with wonderful memories of our passionate associates who represent the best and brightest in retail,â Lenhardt said in a statement released by PetSmart.