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Wednesday, December 16, 2015

Reeds Renominates Zombie Director Muffoletto - Corporate Governance

http://bit.ly/1Ou2mNy
corpgov.net - James McRitchie
Daniel Muffoletto, Zombie Director A majority of shares voted to turn them out of office, off the island, you’re fired… but unaccountable boards frequently reappoint a zombie director. Reeds Inc. (REED) flaunts the will of shareholders in renominating Daniel S.J. Muffoletto.  According to the Council of Institutional Investors: The vast majority of zombies are legally elected due to an outmoded plurality vote requirement that guarantees a candidate’s victory upon receiving a single favorable vo.  show all text
posted by friends:  (4)
@WholeBoardDev on Twitter
@WholeBoardDev: Director pay $3.62/hour? No wonder Fischman & zombie Muffoletto own no stock $REED #corpgov http://bit.ly/1ISwSnU; http://pic.twitter.com/JbbpspreeJ
@CorpTropolis on Twitter
@CorpTropolis: Director pay $3.62/hour? No wonder Fischman & zombie Muffoletto own no stock $REED #corpgov http://bit.ly/1ISwSnU; http://pic.twitter.com/JbbpspreeJ
@ToGovern on Twitter
@ToGovern: Director pay $3.62/hour? No wonder Fischman & zombie Muffoletto own no stock $REED #corpgov http://bit.ly/1ISwSnU; http://pic.twitter.com/JbbpspreeJ
@corpgovnet on Twitter
@corpgovnet: Director pay $3.62/hour? No wonder Fischman & zombie Muffoletto own no stock $REED #corpgov http://bit.ly/1ISwSnU; http://pic.twitter.com/JbbpspreeJ
posted by followers of the list:  (1)
@Muzaffar1969 on Twitter
@Muzaffar1969: Director pay $3.62/hour? No wonder Fischman & zombie Muffoletto own no stock $REED #corpgov http://bit.ly/1ISwSnU; http://pic.twitter.com/JbbpspreeJ


Via All News on 'The Twitter Times: Muzaffar69/corpgov'http://bit.ly/1ISwSnS

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