- Dec 7, 2007
- 26
- 1
The union is asking shareholders to withhold their votes from Glenn Tilton as board chairman and from five members of the committee that sets executive compensation.
Teamsters general secretary-treasurer C. Thomas Keegel alleges in a letter to shareholders that Tilton's plan to liquidate assets, including United's maintenance division, and to pursue a merger "at any cost" has diminished shareholder value and jeopardised the airline's long-term growth.
The company's annual meeting will be held on 12 June.
Sorry, dont know how to create a link, article at tradingmarkets.com
Teamsters general secretary-treasurer C. Thomas Keegel alleges in a letter to shareholders that Tilton's plan to liquidate assets, including United's maintenance division, and to pursue a merger "at any cost" has diminished shareholder value and jeopardised the airline's long-term growth.
The company's annual meeting will be held on 12 June.
Sorry, dont know how to create a link, article at tradingmarkets.com
