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Whole Foods CEO Steps Down from Position
Benzinga ^ | 12/25/09 | N.J. Beachum

Posted on 12/27/2009 3:22:53 PM PST by FromLori

The CEO for Whole Foods Market (NASDAQ: WFMI) is relinquishing his chairman title. John Mackey is not only the CEO but also the co-founder of this company. He also held the title of chairman since 1978.

After much petitioning by some of the shareholders, Mackey decided to voluntarily give up the title of "chairman" in an effort to keep peace and to appease the activist group. Taking his place will be John Elstrott, the current lead director. When Elstrott takes over as chairman, his previous position will be discontinued. Mackey will continue to be the company's CEO.

One reason for the group's disapproval of Mackey holding both positions is due to his editorial opposing Obama's proposed health care reform. Shareholders expressed belief that this decision inevitably damaged the company's reputation. The activist group believes Mackey misused the company in an effort to advance his personal political views.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: ceo; healthcare; johnmackey; mackey; obamacare; resignation; wholefoods
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1 posted on 12/27/2009 3:22:54 PM PST by FromLori
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To: FromLori

Well guess what....no more shopping at Whole Foods for us! Don’t shop at commie whore stores.


2 posted on 12/27/2009 3:23:56 PM PST by goodnesswins (Become a Precinct Committee Person/Officer....in the GOP...or do NOT complain.)
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To: FromLori

Related story the liberals whined until this guy got asked to step down

http://m.apnews.com/ap/db_16039/contentdetail.htm?contentguid=yNHyCoMm


3 posted on 12/27/2009 3:23:57 PM PST by FromLori (FromLori)
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To: FromLori; informavoracious; larose; RJR_fan; Prospero; Conservative Vermont Vet; ...
+

Freep-mail me to get on or off my pro-life and Catholic List:

Add me / Remove me

Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of general interest.

4 posted on 12/27/2009 3:24:39 PM PST by narses ('in an odd way this is cheering news!'.)
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To: FromLori
What for kind of freeking world are we living in?
5 posted on 12/27/2009 3:25:10 PM PST by SHOOT THE MOON bat ("Aggressive fighting for the right is the noblest sport the world affords" Teddy Roosevelt)
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To: goodnesswins

Yes and do you know more people were going to shop there because of his stance well now kiss us goodbye!


6 posted on 12/27/2009 3:25:17 PM PST by FromLori (FromLori)
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To: FromLori

I called their headquarters and left a message.

Said I was disgusted that they would be bowing to union agitators. Said I was sorry that free speech was dead in America.


7 posted on 12/27/2009 3:25:48 PM PST by Carley (OBAMA IS A MALEVOLENT FORCE IN THE WORLD)
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To: FromLori
One reason for the group's disapproval of Mackey holding both positions is due to his editorial opposing Obama's proposed health care reform.

Well, isn't that sweet. I bought one of my kids a Whole Foods gift certificate for Christmas. I guess I won't be doing that again!

8 posted on 12/27/2009 3:26:11 PM PST by livius
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To: Carley

That is a great idea I am going to do the same thing.


9 posted on 12/27/2009 3:26:31 PM PST by FromLori (FromLori)
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To: FromLori
The activist group believes Mackey misused the company in an effort to advance his personal political views.

And what are these 'noble', good for nothing, activists doing?!

It's his freaking company you dumb*sses! Of course, what would a bunch of life long, sorry *ss activists know about running a business or how it began?!

10 posted on 12/27/2009 3:27:04 PM PST by kcvl
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To: FromLori

Whole Foods wants to appease some communist scumbags?
Nah, that’s not a place I will take my business to anymore.
Buh-bye, Whole Foods.


11 posted on 12/27/2009 3:27:27 PM PST by Lancey Howard
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To: livius

God forbid that he out himself as a libertarian. The nerve of that guy!


12 posted on 12/27/2009 3:28:16 PM PST by rockvillem
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To: FromLori

“steps down as chairman” is really a nothing news story. He is still the CEO.


13 posted on 12/27/2009 3:28:27 PM PST by mhx
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To: FromLori

Whole Foods Market, Inc.
550 Bowie Street
Austin, TX 78703-4644
512.477.4455
512.477.5566 voicemail
512.482.7000 fax


14 posted on 12/27/2009 3:28:34 PM PST by fullchroma (Obama: GET OUT OF MY DOCTOR'S OFFICE!)
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To: FromLori

I wonder what their reaction would have been if he wrote an editorial coming out in favor of Obama’s health care “reform”.


15 posted on 12/27/2009 3:29:25 PM PST by mhx
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To: FromLori

This is nothing new. When Unions come to a little power; they do this.


16 posted on 12/27/2009 3:29:27 PM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: FromLori

When I saw this information a few days ago their voicemail was taking messages.

Most likely if you call during their business hours you might get someone to speak with you.

I called once before when they were being assailed for carrying products from Israel.


17 posted on 12/27/2009 3:30:33 PM PST by Carley (OBAMA IS A MALEVOLENT FORCE IN THE WORLD)
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To: FromLori
Taking a company public can really suck sometimes.
18 posted on 12/27/2009 3:31:32 PM PST by ItsForTheChildren
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To: FromLori

Obama’s tax increases are going to hit the customers of Whole Foods really hard; and a lot of them will be forced to shop somewhere else.


19 posted on 12/27/2009 3:31:33 PM PST by SeaHawkFan
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To: FromLori
Contact Whole Foods by web page.......
20 posted on 12/27/2009 3:35:56 PM PST by raybbr (If you try to kiss your son on the head while he's running you WILL get a fat lip.)
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