2008 Shareholder Season Report
Teamsters General Fund introduced shareholder resolutions addressing issues, including runaway executive pay and how board of directors are elected. What follows is a listing of all the Teamsters General Fund resolutions and how they fared with voting shareholders:
|
Ticker |
Company |
Meeting Date |
Fund |
Proposal Nature |
Preliminary Results |
|
KO |
The Coca-Cola Company |
4/16/2008 |
IBT General Fund |
Independent Board Chair |
28% |
|
CCE |
Coca-Cola Enterprises |
4/22/2008 |
IBT General Fund |
Golden Parachutes/Severance Pay Packages |
32% |
|
CNW |
Con-Way |
4/22/2008 |
IBT General Fund |
Declassify Board |
60% |
|
AGN |
Allegan |
5/6/2008 |
IBT General Fund |
Pay For Superior Performance (PFSP) |
29.8% |
|
WMI |
Waste Management |
5/9/2008 |
IBT General Fund |
Political Disclosure |
25% |
|
ABXA |
ABX Air |
5/13/2008 |
IBT General Fund |
Poison Pill |
51% |
|
COP |
ConocoPhillips |
5/14/2008 |
IBT General Fund |
Political Disclosure |
28.2% |
|
CVX |
Chevron |
5/28/2008 |
IBT General Fund |
Develop Country Selection Guidelines |
8% |
|
KR |
Kroger |
6/26/2008 |
IBT General Fund |
Pay For Superior Performance (PFSP) |
35% |
|
FDX |
FedEx Corporation |
9/29/2008 |
IBT General Fund |
Independent Board Chair |
34% |
In addition, the following are proposals that have been adopted by the company:
|
Ticker |
Company |
Proposal |
|
AW |
Allied Waste Industries |
Majority Voting Standard for Director's Elections |
|
COF |
Capital One |
Political Disclosure |
|
JBHT |
JB Hunt Transportation. |
Declassify Board |
|
OMX |
Office Max |
Majority Voting Standard for Director's Elections |
|
TX |
Terex |
Majority Voting Standard for Director's Elections |
