CtW Investment Group has called for Whole Foods Board to start finding a suitable replacement for CEO John Mackey (confirmed with a published letter below).

It is said that the damage caused by Mackey' WSJ Op-Ed made him a 'liability' to the company he co-founded.

CtW Investment Group Executive Director Bill Patterson commented:





Comments


Written by lyceum
5357 days ago

"The CtW Investment Group works with pension funds sponsored by unions affiliated with Change to Win, a federation of unions representing nearly 6 million members, to enhance long-term shareholder returns through active ownership. These funds are substantial long-term Whole Foods shareholders."

Ah, the labor unions are so tight with the Obama administration?! It is the same thing here in Sweden. For a scary example of this kind of pressure group is acting, read my post on EGO blog, Mafioso Methods By Union, of 12/09/2006.



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