Poor Stock Performance and High Executive Pay Make Case for Independent Board Leadership Proposal; Overcommitted Lead Independent Director is No Substitute for Independent Board Chair
Washington, D.C.–(ENEWSPF)–September 10, 2012. The International Brotherhood of Teamsters are calling on FedEx [NYSE: FDX] shareholders to support its proposal for independent board leadership at the company’s annual meeting Sept. 24, 2012. The proposed reform has received increased support from investors since it was first introduced in 2007. Last year,…
