jmdrake
01-05-2010, 07:33 AM
It was brought to my attention that the founder of "CtW Investments" called for the removal of John Mackey as being CEO of Whole Foods because Mr. Mackey had the courage to offer a common sense free market approach to health care reform in a WSJ op ed piece as an alternative to Obamacare. With 60% of Americans against Obamacare this clearly is not sound investment advice. Obviously there is a socialist agenda behind it. (In case you didn't know some of the biggest socialists are investment types because they only use socialism to consolidate wealth).
I've broken the link to the website because I don't want to increase his google rankings. But his phone number is in the release. And yes it's a little old, but it's never to late to let these jerks know how you feel.
h ttp://www.ctwinvestmentgroup.com/index.php?id=120
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 h ttp://w ww.ctwinvestmentgroup.com. The text of CtW’s letter follows:
I've broken the link to the website because I don't want to increase his google rankings. But his phone number is in the release. And yes it's a little old, but it's never to late to let these jerks know how you feel.
h ttp://www.ctwinvestmentgroup.com/index.php?id=120
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 h ttp://w ww.ctwinvestmentgroup.com. The text of CtW’s letter follows: