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."

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August 12, 1991 in shareholder rights , Sears , independent directors  |  0 comments  | 
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