Teamsters urge FedEx holders to split CEO, chair

Discussion in 'The Latest FedEx Headlines' started by cheryl, Sep 1, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    Teamsters urge FedEx holders to split CEO, chair - Reuters

    The International Brotherhood of Teamsters union urged shareholders of FedEx Corp (FDX.N) on Monday to back its effort to separate the positions of chairman and chief executive at the U.S. package delivery giant.

    In the letter to shareholders urging them to reconsider, the Teamsters said the current structure resulted in "chronic poor performance, excessive executive pay, and questionable business strategies."
     
  2. Fedex Driver

    Fedex Driver Banned

    Why do the Teamsters care?They've got UPS to continue ruining.
     
  3. bbsam

    bbsam Moderator Staff Member

    I think they send the same letter every year.