Business Services Industry
Grassroots Campaign to Change Corporate Board Nomination Rules Gains Steam.
Knight Ridder/Tribune Business News, April, 2003
Pittsburgh Post-Gazette Knight Ridder/Tribune Business News
Apr. 21--Posters on Yahoo! stock message boards are known more for their virulent slurs and mindless drivel than for their erudition, which makes it remarkable that a proxy fight launched on one of those boards has grown into a credible revolt against the way directors of publicly held companies are elected.
Les Greenberg, the leader of the movement, is not your average message board malingerer. The 59-year-old Culver City, Calif. resident is a semi-retired securities lawyer who has represented investors as well as brokerage firms. He's also head of the Committee of Concerned Shareholders, an Internet-based (www.concernedshareholders.com) group that doesn't have formal membership...
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