Reuters reported today that the International Teamsters Union urged Fedex shareholders to separate the positions of chairman and CEO.  While this is not first time this issue has been raised with regard to Fedex it represents a growing trend.  While the Teamsters view may not prevail at the company’s upcoming annual meeting, we are likely to see more of this type of pressure imposed on public companies.

This entry was posted on Monday, August 31st, 2009 at 3:01 pm and is filed under Liberum Management Change. You can follow any responses to this entry through the RSS 2.0 feed.