Walgreens held their annual shareholder meeting last week in Chicago. We covered Walgreens in last week’s Corporate Governance Update. We pointed out that over the past three years Walgreens has faced shareholder resolutions that are hot topics in the corporate governance world. For instance:
In 2010, the majority voting resolution received support from 73.6% of shareholders. However in 2011, performance-based compensation was not supported by the majority of shareholders.
Well this year the executive equity retention resolution received support from 36% of shareholders. Shareholders are speaking up and letting Walgreens know what is important to them! Will Walgreens listen?
Want to learn more about the 2012 Walgreens annual meeting? Read this New York Times article to see what is on the horizon for Walgreens in the New Year.
No comments yet. You should be kind and add one!
By submitting a comment you grant Moxy Vote Blog a perpetual license to reproduce your words and name/web site in attribution. Inappropriate and irrelevant comments will be removed at an admin’s discretion. Your email is used for verification purposes only, it will never be shared.