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Office Depot Shareholders Defeat Change for Executives' Stock Options.
Publication: The Miami Herald (Miami, Florida) (via Knight-Ridder/Tribune Business News) Publication Date: 27-APR-01 |
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COPYRIGHT 2001 The Miami Herald
Byline: Elaine Walker
Apr. 27--In light of Office Depot's poor stock performance, some shareholders called Thursday for a change in the way the company grants stock options to senior executives.
At the annual shareholders' meeting in Boca Raton, representatives of the State of Connecticut Retirement Plans & Trust Funds tried unsuccessfully to garner support for a new policy requiring future stock options to be issued with an exercise price substantially above the...
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