Wednesday, November 7, 2007

Whole Foods Restricts Top Officials' Online Activities

According to the Wall Street Journal, Whole Foods Market Inc.'s board amended the company's code of business conduct last week to sharply restrict online activities by the grocer's officials. This was done in response to Founder & CEO, John Mackey's, online postings (under the psuedonym Rahodeb) about competitor and merger target Wild Oats (read the CNNMoney story).

The new code bars top executives and directors from posting messages about Whole Foods, its competitors or vendors on Internet forums that aren't sponsored by the natural-foods chain.

No comments:

Copyright©2007-2010 Sustainable Business Design