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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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To: SeaHawkFan

If you mean self-employed middle class folks like me who are not wealthy but enjoy good food, like to cook and are willing to pay a little more for quality, yes, it will hurt us.

The ultra rich like Obama and Gore and virtually everybody in Congress don’t shop or cook for themselves anyway.


21 posted on 12/27/2009 3:37:15 PM PST by livius
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To: rockvillem

Yes. What nerve having an opinion and expressing it.

Guess that was another little know bill past in the wee dark hours of the night.

Hear ye! Hear ye! You can not have an opinion contrary to the one we give you.

To hell in a hand-basket I’d say. Liberals and unions and activists leading the way. Following the Community Organizer of course.


22 posted on 12/27/2009 3:37:36 PM PST by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: ItsForTheChildren
Taking a company public can really suck sometimes.

That is true. It takes your company away from you.

23 posted on 12/27/2009 3:38:50 PM PST by livius
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To: fullchroma

You can call or email, but I doubt it will work. I have shopped at Whole Foods for 27 years and owned stick since they went public and I trust their decisions.


24 posted on 12/27/2009 3:39:10 PM PST by trumandogz (The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: goodnesswins

Mackey decided to voluntarily give up the title of “chairman” in an effort to keep peace and to appease the activist group”

What a shame. Trying to APPEASE an activist group. That means he just gave into them...


25 posted on 12/27/2009 3:40:16 PM PST by ColdOne (ColdOne)
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To: trumandogz
...and I trust their decisions.

Somehow this doesn't surprise me.

26 posted on 12/27/2009 3:40:54 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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To: goodnesswins

Another example of the Left’s love of free speech.


27 posted on 12/27/2009 3:40:58 PM PST by lastchance (Hug your babies.)
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To: FromLori

CtW Investment Group, a shareholder activist group that works with union pension funds

******

Founded in February 2006, 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. Members of CtW affiliates participate in Taft-Hartley plans with an estimated $217 billion in assets.

******

Change to Win

Five unions and 5.5 million workers united in Change to Win to build a new movement of working people equipped to meet the challenges of the global economy and restore the American Dream in the 21st century: a paycheck that can support a family, affordable health care, a secure retirement and dignity on the job.

Affiliated Unions
Change to Win consists of five affiliated unions. These are:

•International Brotherhood of Teamsters (IBT)
Website: http://www.teamster.org/
•Laborers’ International Union of North America (LIUNA)
Website: http://www.liuna.org/
•Service Employees International Union (SEIU)
Website: http://www.seiu.org/
•United Farm Workers of America (UFW)
Website: http://www.ufw.org/
•United Food and Commercial Workers International Union (UFCW)
Website: http://www.ufcw.org/

Mission
Our mission is to unite the 50 million workers in Change to Win affiliate industries whose jobs cannot be outsourced and who are vital to the global economy. We seek to secure the American Dream for them, and for all working people, including:

•A paycheck that supports a family
•Universal health care
•A secure retirement
•The freedom to form a union to give workers a voice on the job

Leadership Council
•Anna Burger
Chair, Change to Win
International Secretary-Treasurer, Service Employees International Union
•Joseph Hansen
International President, United Food and Commercial Workers International Union
•James P. Hoffa
General President, International Brotherhood of Teamsters
•Geralyn Lutty
Secretary-Treasurer, Change to Win
International Vice President, United Food and Commercial Workers International Union
•Terence M. O’Sullivan
General President, Laborers’ International Union of North America
•Arturo S. Rodriguez
President, United Farm Workers of America
•Andrew L. Stern
International President, Service Employees International Union

Key Staff

•Chris Chafe
Executive Director, Change to Win

•Tom Woodruff
Director, Strategic Organizing Center

******

Apr 16, 2007 ... JOHN EDWARDS FOR PRESIDENT CAMPAIGN ANNOUNCES CHRIS CHAFE AS SENIOR ADVISOR

Woodruff continues to split his time as International Executive Vice President of SEIU and as a chief architect for Change to Win

******

SEIU looks a little top heavy...

» President Andrew L. Stern

» Secretary-Treasurer Anna Burger

» Executive Vice President Eliseo Medina

» Executive Vice President Tom Woodruff

» Executive Vice President Mary Kay Henry

» Executive Vice President Gerry Hudson

» Executive Vice President Dave Regan

» Executive Vice President Mitch Ackerman

» Executive Vice President Bruce Raynor


28 posted on 12/27/2009 3:41:38 PM PST by kcvl
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To: FromLori

4 am reminder call to A’hole foods ... ;-)


29 posted on 12/27/2009 3:46:16 PM PST by Tunehead54 (Nothing funny here ;-)
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To: goodnesswins
no more shopping at Whole Foods for us!

I used to work half a block from a whole foods, and everytime I'd go in I got the feeling I had been channeled to Berkeley. You could literally taste the leftitude of the 'elite' clientele.

30 posted on 12/27/2009 3:46:49 PM PST by ErnBatavia (It's not the Obama Administration....it's the "Obama Regime".)
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To: raybbr

I began shopping at Whole Foods when Whole Foods only had one store on the planet and mist if the staff knew me by name.

In the the time since, it would appear that Whole Foods has made good decisions.


31 posted on 12/27/2009 3:49:36 PM PST by trumandogz (The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: FromLori

Too bad he was one of the good guys. I was just in Whole Foods the other day and i was impressed by their operation.


32 posted on 12/27/2009 3:57:28 PM PST by rwh (What great fortune it is for those in power that the people do not think!)
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To: FromLori
WFMI‎ - Whole Foods Market, Inc. (NASDAQ)‎ 28.41 -0.11‎ (-0.39%‎) Dec 24 1:00pm ET Agree.....lets watch the numbers !
33 posted on 12/27/2009 3:57:51 PM PST by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: SHOOT THE MOON bat

This is the world of 0bama, where dissent is soon to be outlawed.

God help us. All the guy did was to propose a possible health care plan that would work! But since it differed from that of 0, the repulsive libs ran him out of town. Unbelievable!


34 posted on 12/27/2009 3:59:42 PM PST by Joann37
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To: trumandogz

If you think that bowing to union pressure is a “good decision”, may I suggest that you’re on the wrong internet forum? The CEO built Whole Foods from the beginning. He was involved in every “good decision” that made them a nationwide chain.


35 posted on 12/27/2009 4:01:21 PM PST by Carling (Somewhere in Kenya, a village is missing its idiot.)
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To: FromLori

You should always buy cooking oil in a natural food store. Spectrum is a good brand. Supermarket cooking oil is solvent extracted except for olive oil. They use oil based solvents to get the last bit of oil out of corn, soy, rape seed, safflower etc. Spectrum uses zero solvents to extract its cooking oils.

Whole Foods is a rip off. We have an independent here with one large store and he undercuts them on everything. Plus he has a much better vitamin & supplement section. Unfortunately he is a bit further than Whole Foods... ... But I patronize him before Whole Foods

How does a guy with one store sell cheaper than WF?
Because WF sucks!


36 posted on 12/27/2009 4:01:21 PM PST by dennisw (It all come 'round again --Fairport)
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To: FromLori

Well, we may have the first Palin Cabinet nominee.


37 posted on 12/27/2009 4:04:48 PM PST by Balding_Eagle (Overproduction;, one of the five top worries of the American farmer.)
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To: FromLori

This is just plain diddlypoop.

In our local Whole Foods, the whole healthcare flap did NOTHING to diminish business! The parking lot and the store were just as full of customers as usual. (The cars in the parking lot even still included those with obama bumper stickers—may God illumine these deluded people!) The only difference is that the employees were extra nice to us for awhile, and there were more samples.

So, at least at the local level, Mackey’s statement against Deathcare did not materially damage the company’s reputation. And I live in a deep blue state. So the radical-liberals are lying and scheming again, as usual.

My experience of shopping at Whole Foods (which I do weekly) is different from what you might expect. There are many Orthodox Christians, some of whom I know, and others whom I have met there. We’re shopping for fasting foods, among other things. I imagine that there are Jews looking for kosher food, too.

Whole Foods is all about health—physical—and for Orthodox Christians—spiritual as well. The vile, anti-human commuNazi Deathcare is about physical and spiritual death! So it’s right for the CEO of Whole Foods to oppose obama, his anti-human czars (commisars, really), and their satanic “health” care measures.


38 posted on 12/27/2009 4:08:59 PM PST by Honorary Serb (Kosovo is Serbia! Free Srpska! Abolish ICTY!)
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To: FromLori

Next they will remove him from his CEO position. You oppose the left at your peril. They play for keeps and don’t tolerate opposition.


39 posted on 12/27/2009 4:10:45 PM PST by Cacique (quos Deus vult perdere, prius dementat ( Islamia Delenda Est ))
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To: dennisw

How about coconut oil?


40 posted on 12/27/2009 4:10:46 PM PST by FromLori (FromLori)
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