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Archive for the ‘john mackey’ tag

Looks like Whole Foods should have supported Obama’s healthcare plan

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But it turns out that Mackeys claims, which also fueled conservative opposition to the Democrats health-care bill, were misleading. In a memo that he sent to all employees last month, obtained by Mother Jones, Mackey concedes that Whole Foods is actually sinking under the weight of its health care expenses. In the past seven years, he writes, the cost of the company’s health care plan as a percentage of its sales has gone up 60 percent. This year’s tab is “equal to about 10% of the total Team Member compensation of $2 billion,” Mackey complains. “On average over the past three years we have spent more on health care costs than we have made in total net profits!”

via Whole Foods CEO: Yes, We Have No Obamacare | Mother Jones.

You sir sound like the big auto corporations and Wal-Mart who were saying the same thing! Some of them actually joined with then SEIU President Andy Stern to push for a healthcare coverage solution that was national in its scope. Mr. Mackey you could have been a part of that. As much as I dislike Wal-Mart even they while not providing healthcare for part timers–which is a large amount of their workforce–told them how to sign up for healthcare from “big guv’mint.”

Written by Jason Gooljar

November 23rd, 2010 at 7:19 am

Whole Foods CEO gets a spanking by shareholders

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I could not be happier to see Whole Foods CEO—Mr. anti-universal healthcare John Mackey get a much needed smackdown.

A 2008 incident in which Whole Foods CEO John Mackey took matters into his own hands and launched an anonymous (but later high-profile) online attack on a competitor has become the impetus behind a new proposal approved by shareholders this week. The upscale grocer’s investors green-lighted a nonbinding proposal to make it easier for shareholders to oust a director whose conduct they deem inappropriate. If adopted, the proposal, which passed by a slim majority, would roll back a bylaw change that Whole Foods directors put in place in 2008 after the SEC discovered Mackey’s actions.

Written by Jason Gooljar

March 13th, 2010 at 10:58 pm

Posted in Corporatism

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