I'm working with a group through the United States Proxy Exchange that is fed up with the increasing proportion of corporate profit going to top execs. We are also concerned with the "Lake Woebegone" effect in that every board thinks their CEO is above average. Since all CEOs are above average every year, the average keeps rising.
Whole Foods Market is holding their annual shareonwer's meeting at the Hilton Austin Hotel, 500 East 4th Street, Austin, Texas, on February 28, 2011 at 9 AM. I've got a proposal on the proxy and I'm looking for a volunteer to attend the meeting and read a brief statement about the proposal (to adopt a policy to split chair / CEO.. we got them so split the positions but not to adopt that as a policy for the future.). Is this something you might consider doing? Please e-mail me at jm@corpgov.net.
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I'm working with a group through the United States Proxy Exchange that is fed up with the increasing proportion of corporate profit going to top execs. We are also concerned with the "Lake Woebegone" effect in that every board thinks their CEO is above average. Since all CEOs are above average every year, the average keeps rising.
I would very much appreciate your feedback on draft guidelines we have posted at http://proxyexchange.org/2011/05/request-for-comments-say-on-pay/
If you post your comments in the "Leave a Reply" box we will consider them next week when we meet near Boston. Thanks.
Mr. Libbey
Whole Foods Market is holding their annual shareonwer's meeting at the Hilton Austin Hotel, 500 East 4th Street, Austin, Texas, on February 28, 2011 at 9 AM. I've got a proposal on the proxy and I'm looking for a volunteer to attend the meeting and read a brief statement about the proposal (to adopt a policy to split chair / CEO.. we got them so split the positions but not to adopt that as a policy for the future.). Is this something you might consider doing? Please e-mail me at jm@corpgov.net.