Leadership and Financial Performance Summer 2011 Prof: Amy Burnett, Ph.D. WFM: Update #2 By Marion Sanchez
Twitter: Hatchtag:#WFM2 for the presentation http://www.houstoncars.org/wp-content/uploads/524b9640825f_12ED3/2009hondafit6.jpg
Corporate Leadership & Ethics
Stock Return Chart Comparison
Summary of Latest Earnings
Can you make me money?
Questions and answers
Sanchez, M. Original photo.
Corporate Leadership & Ethics (Follow Up)
In 2006, John Mackey slashed his salary from $1 million to $1.
Additionally, proceeds from his stock options are donated to charity.
Hamner, S. "Whole Foods CEO John Mackey slimmed down the grocery chain's executive salaries, resulting in a healthier, happier company“. CNN Money (2006). Retrieved from http://money.cnn.com/galleries/2007/biz2/0705/gallery.contrarians.biz2/3.html Sanchez, M. original photo.
Summary of Latest Earnings "We are continuing to gain market share at a faster rate than most public food retailers as reflected in our 8.5% comparable store sales growth year to date. We attribute much of our success to our value efforts, which have improved our price image , and to continuing to raise the bar in areas that matter to our customers, particularly quality standards and health and wellness.” Walter Robb, co-chief executive officer of Whole Foods Market http://finance.yahoo.com/news/Whole-Foods-Market-Reports-pz-3915754322.html?x=0&.v=1