Blog: Women wearing beards protest at Carrefour AGM
Dean Best | 21 June 2011
There is likely to have been a sense of relief among Carrefour's senior executives this afternoon (21 June) after shareholders in the retailer backed its plan to spin off discount arm Dia. However, there were one or two surprises at the company's AGM in Paris today.
Some analysts had expected the proposal to spin off Dia to be approved, although the plan had proven so controversial, with some in the financial community questioning its merits and unions in opposition, that the result of a vote on the move was keenly watched.
In the end, 77% of shareholders voted in favour. That said, the AGM still saw union protests at the spin off and at other parts of Carrefour's "transformation" strategy, a spokesman for the retailer said.
And those protests were not the only ones. Inside the meeting, as Carrefour CEO Lars Olofsson was about to speak, women's rights protestors wearing false beards took to the stage to criticise the lack of female representation on the company's board.
"Lars was pretty cool about it," a spokesman said, who pointed out that Olofsson then invited the activists to speak. "They made a speech and then they left," the spokesman said.
He added that other French companies perceived to have too few women in senior positions had also faced similar protests. "It's the French way," he said.
Nestle, set to welcome a new CEO on 1 January, has announced more changes to the make-up of its senior management team....
Blue Bell Creameries is trying to win back the trust of consumers after a fatal listeriosis outbreak last year was linked to its products - but in recent days the US ice cream maker has issued another...
The UK's competition regulator has given the all-clear to Hain Celestial's bid to buy UK food and beverage group Orchard House Foods, nine months after the US group announced the deal....
Hershey made an unusual announcement today (20 September), sharing its own sales data for the last four weeks to assuage any possible investor concern over figures released by Nielsen....
- Interview: Mondelez eyes sweet success in China
- Interview: Mondelez's outlook for China
- General Mills on Q1, innovation, margins
- How food companies involve staff in sustainability
- The benefits of engaging staff in sustainability
- Ireland unveils national plan to tackle obesity
- Aryzta FY profits fall
- Nestle close to finalising Garoto deal
- ConAgra acquires Frontera Foods' "gourmet" brands
- Aryzta appoints Gary McGann as chairman
- Global Chocolate Confectionery Overview: Challenges, Opportunities and Risks
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Global Foodservice Market 2016-2020
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review
- Global Food and Drinks Closures: Performance and Opportunities