Unions call for Whole Foods CEO’s resignation
New York City Citing his position on healthcare reform as reason, unions called for Whole Foods’ CEO John Mackey’s resignation on Tuesday.
The union outcry is in direct response to a Wall Street Journal opinion piece by Mackey in which he wrote that healthcare reform is necessary but that "the last thing our country needs is a massive new healthcare entitlement that will create hundreds of billions of dollars of new unfunded deficits and move us much closer to a government takeover of our healthcare system." The CtW Investment Group, a part of the Change to Win federation of unions that advocates on behalf of workers’ investments in pension funds, said in a statement that it is calling on the Whole Foods board to remove Mackey as chairman and find a new CEO.
"Mr. Mackey attempted to capitalize on the brand reputation of Whole Foods to champion his personal political views, but has instead deeply offended a key segment of Whole Foods consumer base," CtW Investment Group’s executive director Bill Patterson said in a statement.
Meanwhile, the United Food and Commercial Workers Union, which is part of Change to Win, said it will be giving out information to Whole Foods shoppers about healthcare reform. The group said Mackey’s op-ed was an "attempt to undermine Obama’s healthcare reform."
MasterCard and CyberShift announce alliance
Purchase, N.Y. MasterCard Worldwide and expense/workforce-management software company CyberShift said Monday they have formed an alliance to provide businesses with CyberShift’s Expense Management Automation solution.
The agreement provides MasterCard issuers with a compelling travel- and expense-management solution that they can offer to their corporate card customers. Through the combined capabilities of CyberShift and MasterCard, corporate card customers will have access to a flexible expense management solution, open integration to travel booking systems of choice, superior travel and spend analytics, BlackBerry smartphone support, digital receipts filing, hotel folio data and much more, all delivered via a Software-as-a-Service model.
The solution will enable corporations to enhance travel and card spend compliance through real-time data, ultimately reducing costs and errors across the board, and will provide issuers with a robust expense-management solution to help customers get more from their corporate card programs.
“Given the difficult economic environment, companies of all sizes are looking for easy and cost-effective ways to reduce costs now,” said Steve Abrams, group executive, global commercial products, MasterCard Worldwide. “By offering an easy-to-implement, feature-rich travel and expense management solution that adapts to business requirements, integrates with existing systems and can be delivered via Software-as-a-Service, issuers can provide their corporate customers with a solution that will make an immediate impact to their bottom line. The combined features of this offering enable corporate customers to gain greater spend visibility, increase employee efficiency, and monitor compliance with travel policies.”
Former J.C. Penney CEO to leave Brinker board
Plano, Texas Restaurant company Brinker International confirmed in a Dallas Business Journal report that former J.C. Penney Co. chairman James E. Oesterreicher will retire from the company’s board of directors at the end of his term in October.
In a statement to the Journal, a spokeswoman for Dallas-based Brinker said the company’s leadership has yet to make a determination as to whether they will fill Oesterreicher’s position on the board, which he has held since 1994.
Oesterreicher previously retired from serving as chairman of the board at J.C. Penney Co. He also served as J.C. Penney’s CEO and vice chairman from January 1995 to January 1997.