Monday, August 12, 1991
My Run for the Sears Board [PDF]
Bob Monks wrote about running for a seat on the Sears board of directors in 1991.
"But Sears shrunk its board by eliminating three director seats, which meant that I needed 21 percent of the vote to win a seat -- virtually impossible to obtain. because 25 percent of the vote was held by Sears employees (and voted by Sears trustees) and 37 percent was held by individuals who I could not possibly solicit without spending millions of dollars."
August 12, 1991 in shareholder rights , Sears , independent directors | 0 comments |
Post a comment
Comments
There are no comments currently for this item.
