Kroger Shareholders Shoot Down Proposals about Global Warming, Exec Pay

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Kroger Shareholders Shoot Down Proposals about Global Warming, Exec Pay

06/27/2008
Three of the proposals received support of between 38 and 40 percent of votes cast, but none netted the required majority for passage. The proposals included a demand that the grocer set policy addressing climate change, that it report on policies regarding toxic chemicals; and craft a pay-for-performance compensation plan for major executives.

Two other proposals, to treat poultry suppliers who employ controlled atmospheric killing as preferred vendors, and to move away from selling eggs from hens that are confined to small cages, only attracted less than 5 percent of votes cast.