Executive Of Directors : Whole Foods Market

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Corporate Governance Board of Directors: Whole Foods Market has a Board of Directors that consists of 11 directors. 9 of the 11 directors are independent. The internal members are John Mackey and Walter Robb. The external members are Dr. John Elstrott, Shahid (Hass) Hassen, Stephanie Kugelman, Jonathan Seiffer, Morris 9Mo) Siegel, Jonathan Sokoloff, Dr. Ralph Sorenson, Gabrielle Sulzberger, and William (Kip) Tindell, III. According to P. 13 of the Proxy Statement, “Our Corporate Governance Principles provide that it is the policy of the Board of Directors to encourage each director to maintain a stock ownership investment in the company equal to the estimated cash compensation received by each such director for the first full year of…show more content…
John was President from 2001 to 2004. He has been a director since 1978 and was also Chairman of the Board from 1978-2009. (P. 6, Proxy Statement), “He brings financial and risk assessment experience, grocery retail, entrepreneurial and leadership experience and history with the company to the Board.” Walter Robb is 62 years old. He has served as Co-Chief Executive Officer since 2010, co-President and Co-Chief Operating Officer from 2004-2010, chief Operating Officer from 2001-2004 and Executive Vice President from 2000-2001. Walter joined Whole Foods Market in 1991 and has served as a director since 2010. Walter Robb’s knowledge to the board of director is, “financial and risk assessment experience, grocery retail, entrepreneurial and leadership experience and history with the Company.” (P. 6, Proxy Statement). Dr. John Elstrott is 67 years old and since 2009 has been the Chairman of the Board. He has been a director of the company since 1995. He has a Ph D in Economics. Dr. Elstrott also has 40 years of experience as an entrepreneur and investor. The Board gains his, “leadership, financial and risk assessment, experience, entrepreneurial experience and history with the company.” (P. 6, Proxy Statement). Shahid (Hass) Hassan is 67 years old and has been a director since 2005. Shahid has international experiences as well. “He founded Fresh: & Wild, LTD which is an organic food retailer in the United Kingdom.”
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