Our policy is designed to reflect the fiduciary duty to vote proxies in favor of shareholder interests. In determining our vote, we will not subordinate the economic interest of the plan participants to any other entity or interested party.
General President Hoffa has written a number of letters to government and self-regulatory agencies expressing the union's interest in improving investor confidence and market stability by introducing real and substantive reforms to our nation's markets.
Once a year, publicly held corporations hold shareholder meetings at which critical decisions shaping each company are decided. The Teamsters General Fund introduced shareholder resolutions addressing issues, including runaway executive pay and how boards of directors are elected.