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Textron Inc. Message Board

  • rightqueen2 rightqueen2 Apr 1, 2013 2:14 PM Flag

    Proxy Vote

    All you guys and gals that own Textron shares- you should have got the proxy vote request and hope you vote as you wish. I already voted out all the older (pre-2009) board members who do not deserve to be there because they did not stop Lewis Campbell from investing Textron Finance portfolio in golf courses, timeshare condos and such to almost destroy Textron. They constitute a system of checks and balances that should have forced Lewis to focus on core business instead. Gave Scott, the current CEO the benefit of doubt. They need more diversity on that board for sure.

    Also voted FOR the shareholder proposal because too much consolidation of power in one man precludes good ideas from helping Textron and compensation increase should be limited. Although benchmarking against companies is reasonable, there us no way should they use the price increase from $3.75 levels as a reflection of officers' performance to compensate them.

    Make sure all of us Vote to make our opinions known if you are serious shareholders that want this company and stock to do well.

    Sentiment: Strong Buy

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