Dissident group's challenge to Publix board never gets traction

An illusory dissident shareholder group — which surfaced last month only through a Facebook page and a news release — never attained liftoff at Tuesday's annual shareholders meeting of Publix Super Markets Inc. in Lakeland. The nine current directors were re-elected. No one in the audience of employee-shareholders asked to speak. "It was business as usual and ended early," said Maria Brous, a spokeswoman for the grocery chain that employs over 160,000. The group had advanced a slate of write-in candidates to lead an effort to get the employee-owned company's privately traded shares publicly traded. None of the candidates surfaced publicly, and the Facebook page remained idle except for being "liked" by 15 people.

Dissident group's challenge to Publix board never gets traction 04/12/11 [Last modified: Tuesday, April 12, 2011 10:26pm]

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