Posted on 08/26/2009 5:22:29 PM PDT by lqcincinnatus
CtW Investment Group Calls on Whole Foods Board to Remove Chair and CEO John Mackey FOR IMMEDIATE RELEASE Tuesday, August 25, 2009
CONTACT: Per Olstad, (202) 721-6027
The CtW Investment Group called on the Whole Foods Market (NYSE:WFMI) board to remove CEO John Mackey as Chairman and to begin the process of naming a new CEO in a letter to Whole Foods’ lead independent director, Dr. John Elstrott, yesterday afternoon. Citing the risk to Whole Foods’ brand reputation caused by Mr. Mackey’s editorial opposing President Obama’s proposed healthcare reform, CtW urged the board to take immediate action to prevent continued damage in the face of a quickly-growing boycott by Whole Foods’ progressive customer base.
“Mr. Mackey attempted to capitalize on the brand reputation of Whole Foods to champion his personal political views, but has instead deeply offended a key segment of Whole Foods consumer base,” said CtW Investment Group Executive Director Bill Patterson. “This is not the first time Mr. Mackey’s unsanctioned communications have damaged Whole Foods’ image with consumers and investors. At a time when shareholders are looking for Whole Foods’ management to focus on improving operations in an uncertain economy, we can not afford the risk to our Company’s brand reputation caused by Mr. Mackey’s indiscretion. He has become a liability and the board should begin the process of identifying a suitable replacement.”
For comment, please contact Per Olstad at (202) 721-6027. For more information regarding the CtW Investment Group please go to www.ctwinvestmentgroup.com. The text of CtW’s letter follows:
Geez, and what exactly was Mr. Mackey’s “crime”? He listed out opinions of what should be done about healthcare. He didn’t swallow the Obama line, he has his own ideas to add to the debate. If I recall correctly, he was writing from the point of view of a business owner who has provided healthcare to employees, and talked about changes that could be made in our system.
so for this, the liberal radical types want to fire him????
This is reminding me of the termination of Larry Summers as president of Harvard University. Remember that incident, in which Larry Summers talked about the small numbers of women in certain science fields. He said that we could explore reasons why relatively few women enter certain fields. HE DIDN’T SAY THAT WOMEN SHOULD BE KEPT OUT OF THESE FIELDS. HE SAID THAT WE COULD EXPLORE THE REASONS. But for even saying anything about that subject, Mr. Summers was forced out. And he’s a good liberal; he worked in the Clinton administration and now works for Obama.
Yep, liberals can eat their own.
This whole incident makes me more likely to go to Whole Foods.
Far left fascists appear to be much more demented than their far right counterparts. WT...the man wrote a letter... Those battery operated cars these nuts drive must be leaking something into their brains.
And Whole Foods can kiss my $$$$$$ goodbye!!!
“While we respect Mr. Mackey’s First Amendment right”
No you don’t, you want to destroy his career, you stupid pricks!
CtW Investment Group Calls on Beazer Homes to Remove CEO and Name Independent Chair
A simple way to show support:
Go to Whole Foods, buy a decent amount of goods. Write Mr. Mackey a nice letter telling him that you went there to support him, and also send him the receipt.
If enough do that, he’ll get the message and hold the line.
.
.
.
Sorry. I forgot that these were liberals that we were talking about.
Whole Foods Market Inc (WFMI)
29.52 Up+0.30 +1.03%
Open: 29.14 High: 29.88 Low: 28.83
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After Hours: 29.52 unch Vol. 90,899
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Stock has been going up since Mr. Mackeys comment and they want to get rid of him...What’s up with that? Let them all go to Kennedy!
The few protesters at Whole Foods are overwhelmed by the crowds shopping there every day. If the leftist idiots purge Mackey, they may install a rabid ideologue who will ruin the business.
Political correctness is running amock.
Fascism is FUN. Let’s all bow to the Messiah and do not speaketh one’s differing opinion of the One.
Does whole foods honor food stamps? If they don’t now and they get rid of Mackey, they better start because that is the market they will have.
However I may be over that way sometime in the next month and I think I will do so.
I hope I don't catch cooties. :)
Paging Glenn Beck...
I don’t shop there, but I’ll make it a point to never purchase anything from them, ever.
What part of mindless obedience to the group don't you understand?
Sheesh, we try and try with you, but you keep coming up with your own clear, rational, fair, insightful, decent thoughts.
Something's gotta be done about you. I'm calling Rahm.
And you can forget about any further invitations to the weekly meetings.
Reminds me of that swimming pool in PA that canceled the membership of a black daycare center (as well as other groups due to crowding). The guy was an Obama supporter but the left ate him alive-LOL
"We haven’t even started yet."
You are correct.
Everyone Must Do Something Everyday.
How much of Whole Foods does CtW own? If any?
Sounds like another attempt by the unions to muscle people around, to me. I’m going shopping at Whole Foods tomorrow.
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