INVESTORS ASK SAFEWAY TO DROP DIRECTOR

PLEASANTON, Calif. -- Financial officials in four states and representatives of two retirement funds have asked Safeway not to renominate William Y. Tauscher as one of the chain's independent directors because of alleged business dealings with the chain that might compromise his objectivity.Tauscher was elected as a Safeway director in 1998, and was reelected in 2001.A Safeway proxy statement said

PLEASANTON, Calif. -- Financial officials in four states and representatives of two retirement funds have asked Safeway not to renominate William Y. Tauscher as one of the chain's independent directors because of alleged business dealings with the chain that might compromise his objectivity.

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