Memo Pad: Pressuring The Board... 24-Hour Party People... There Sure Are A Lot Of Awards...
Tuesday, March 25, 2008
PRESSURING THE BOARD: As shareholders prepare to gather for Time Warner Inc.'s annual meeting on May 16, 12 stockholding organizations have a proposal up for a vote that the post of chairman and chief executive officer be split. The proposal states that it is often in shareholders' best interests to separate the positions, as conflicts of interest arise when one person holds both posts.
