As employers, we know that the Covid-19 pandemic will have an unprecedented impact on our employees. From loss of childcare due to school closures, reduction in family income because of a spouse’s layoffs, or the added expense of caring for medically fragile loved ones, our workforces are likely to be under extreme financial pressure. Now you have a way to help.
Yesterday, Whole Foods Market Inc. announced that the firm is replacing five of its board members, likely in response to pressure from it’s second largest shareholder, Jana Partners LLC. Whole Foods stock has been underperforming, having lost roughly half its value since it’s 2013 peak of $65 per share. It’s enough to make one wonder if maybe this whole corporate social responsibility thing isn’t all it’s cracked up to be.
Valor CSR
5021 N 20th St., #32824
Phoenix, AZ 85016
(702) 518-0951
info@valorcsr.com
