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Friday, June 03, 2005

Feminist chides Walmart

Associated Press

"A feminist leader drew rounds of applause from Wal-Mart shareholders Friday as she chided company managers for having only two women on its 14-member board. In the end, Wal-Mart asked shareholders to reject initiatives she backed.

Martha Burk, chairwoman of the National Council of Women's Organizations, said Wal-Mart should give a breakdown, by race and gender, on how stock options are distributed.

...


At the start of her three-minute address, she told company Chairman Rob Walton that Wal-Mart needed to increase the number of women on its board.

"Two women on the board of Wal-Mart is not enough of 14. We can do better," Burk said, drawing applause."