Massachusetts Pension Fund Votes Against Re-Election of Walmart CEO and Board Chairman; Rebukes Company for Bribery Scandal

Posted on May 30, 2012 by jway

The $50 billion Massachusetts pension fund voted against the reelection of Walmart chairman S. Robson Walton and chief executive Michael T. Duke, citing its ““disapproval of the egregious behavior and activities at Walmart” related to the company’s bribery scandal. It also voted against former chief executive H. Lee Scott, Jr.; former financial chief Gregory B. Penner; founding family member Jim C. Walton, a banker; M. Michele Burns, a consultant; and Christopher J. Williams, an investment banker. Read more here.

Comments

  • Anonymous

    Membership in WI’s largest union, the teachers union, has fallen by 55% since the law mandating membership was changed. This follows the experience of other states where this has happened and will continue to happen. The union that represents CA’s teachers union’s clerical employees is striking against the teachers union. Strange but true. The union candidate in WI is down 7 points in the polls to the much hated Scott Walker in the governor’s recall. Unions have spent over $45 million of their members dues in the attempt to undo the lawful election. This huge waste of money must have contributed to the huge loss of membership. Members do not approve of this waste of their dues by the union bosses.

  • Anonymous

    it is time to Change Walmart into United Food and Commercial Workers Unionize Walmart Store for all Walmart Cashier Workers and for all Walmart Pharmacy Workers and for all Walmart Sale Association Workers and for all Walmart Clothing Department Workers and for all Walmart Produce Workers and for all Walmart Deli Department Workers and for all Walmart Bakery Department Workers. it is time to Change Walmart into Teamster Unionize Walmart Store for all Walmart and all Sam’s Club Truck Drivers Workers and for all Walmart Hardware Department Workers and for all Walmart Gardening Department Workers and for all Walmart Stock Person Workers and for all Walmart Customer Service Desk Workers and for all Sam’s Club Courtesy Association Worker and for all Walmart Maintenance Association Workers and for all Sam’s Club Forklift Drivers@Stock Person Workers and for all Sam’s Club Maintenance Workers and for all Sam’s Club Cashier Workers and for all Sam’s Club Pharmacy Workers and for all Sam’s Meat Cutter@Meat Wrapper Workers and for all Sam’s Club Produce Workers and for all Sam’s Club Cafe Workers and for all Sam’s Club Bakery Department Workers and for all Sam’s Club Meat Cutter@Meat Wrapper Workers and for all Sam’s Club Produce Workers and for all Sam’s Club Cafe Workers and for all Sam’s Club Bakery Department Workers and for all Sam’s Club Membership Desk Workers and for all Sam’s Club Cart Attendant Workers. it is time to Change Walmart into Communication Workers of America Unionize Walmart Store for all Walmart and all Sam’s Club Electronics Workers, it is time to Change Walmart into United Auto Workers of America Unionize Walmart Store for all Walmart Tire@Lube Express Workers and for all Sam’s Club Tire@Vehicle Workers by make Walmart give all Walmart Workers and all Sam’s Club Workers a Living Wage With Affordable Health Care right of away and right now please without close down all the Walmart Store and all the Sam’s Wholesale Club.

    Thank You Very Much United Food And Commercial Workers And Teamster Union For Trying Make Walmart A Better Place To Work For All Walmart And Sam’s Club Workers

                             From Tom P Noonan