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Article: NLPC Files Shareholder Proposal To End PepsiCo's Support of Jesse Jackson
- Article from:
- U.S. Newswire
- Article date:
- November 29, 2004
CopyrightCopyright 2004 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON, Nov. 29 /U.S. Newswire/ -- Peter Flaherty, president
of the National Legal and Policy Center (NLPC), today announced that
NLPC has submitted a shareholder resolution to PepsiCo, Inc. (NYSE:
PEP) for consideration at its 2005 annual meeting. The proposal and
supporting statement read:
Resolved, shareholders request the Board of Directors to establish
a policy precluding future financial support of Jesse Jackson, the
Citizenship Education Fund, Rainbow/PUSH Coalition, and/or any other
nonprofit organization founded, headed or primarily identified with
Jesse Jackson.
NLPC SUPPORTING STATEMENT:
PepsiCo, Inc. (the Company) is a major financial supporter of
Jesse Jackson's nonprofit ...