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2024 NFL Draft: Day 1 recap of first-round picks
The worst kept secret in the NFL finally came to fruition Thursday as the Chicago Bears selected highly-touted USC quarterback Caleb Williams with the No. 1 overall pick in the 2024 NFL Draft.
The Bears and their long-suffering fans hope the 22-year-old phenom will finally bring them much-needed stability at the quarterback position, which has been in flux since the days of Jim McMahon in the 1980s.
To make way for Williams, Chicago traded away quarterback Justin Fields last month to the Pittsburgh Steelers after the No. 11 pick in the 2021 draft failed to meet the lofty expectations that were set for him. The Bears also hold the No. 9 pick as they seek to transform their roster.
The draft, which is being held in Detroit, is one of the deepest in years at the quarterback, offensive tackle and wide receiver positions, in part due to the pandemic, which spurred many players to extend their college careers. As many as five quarterbacks could be taken off the board Thursday, along with up to nine offensive tackles.
Rounds two and three of the draft will be held Friday, and rounds four through seven on Saturday.
NFL Draft order and picks for the first round
- No. 1: Chicago Bears — QB Caleb Williams, USC
John Smolek/Icon Sportswire via Getty Images
- No. 2: Washington Commanders
- No. 3: New England Patriots
- No. 4: Arizona Cardinals
- No. 5: Los Angeles Chargers
- No. 6: New York Giants
- No. 7: Tennessee Titans
- No. 8: Atlanta Falcons
- No. 9: Chicago Bears
- No. 10: New York Jets
- No. 11: Minnesota Vikings
- No. 12: Denver Broncos
- No. 13: Las Vegas Raiders
- No. 14: New Orleans Saints
- No. 15: Indianapolis Colts
- No. 16: Seattle Seahawks
- No. 17: Jacksonville Jaguars
- No. 18: Cincinnati Bengals
- No. 19: Los Angeles Rams
- No. 20: Pittsburgh Steelers
- No. 21: Miami Dolphins
- No. 22: Philadelphia Eagles
- No. 23: Minnesota Vikings
- No. 24: Dallas Cowboys
- No. 25: Green Bay Packers
- No. 26: Tampa Bay Buccaneers
- No. 27: Arizona Cardinals
- No. 28: Buffalo Bills
- No. 29: Detroit Lions
- No. 30: Baltimore Ravens
- No. 31: San Francisco 49ers
- No. 32: Kansas City Chiefs
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Express failed to disclose nearly $1 million in executive perks to the clothing retailer’s former CEO, the Securities and Exchange Commission said Tuesday in saying it had settled charges against the company, which went bankrupt earlier this year.
The agency did not identify the former chief executive by name, but said it involved proxy statements for fiscal years 2019, 2020 and 2021, a period when Tim Baxter was CEO. The Macy’s veteran joined Express in June 2019 and departed less than four years later.
“Express failed to disclose $979,269 worth of perks and personal benefits provided to its CEO, including certain expenses associated with the CEO’s authorized use of chartered aircraft for personal purposes,” the SEC stated.
As a result, the company, which filed for Chapter 11 bankruptcy in April, understated its CEO’s compensation by 94% over three fiscal years, according to the agency.
Public companies have a duty to comply with disclosure obligations so “investors can make educated investment decisions,” Sanjay Wadhwa, acting director of the SEC’s Division of Enforcement, stated. Still, the commission did not impose a civil penalty due to the company’s self-reporting, cooperation and remedial efforts, Wadhwa noted.
Express in September 2023 appointed former Tyson Foods executive Stewart Glendinning to replace Baxter, calling his resignation “unrelated to the company’s accounting or financial reporting, and the company affirms its guidance previously announced,” the company said at the time.
A group led by brand acquisition and management firm WHP Global now runs Express and Bonobos after purchasing its operating assets, including 450 stores, in late June.
WHP Global did not immediately respond to a request for comment.
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