Whole Foods Shareholders Back CEO

Shareholders at the Whole Foods Market annual meeting here made it clear last week that they like the job John Mackey is doing as chairman and chief executive officer. As Mackey announced voting results for two management and two shareholder proposals, each was greeted with polite applause. But when he announced the defeat of a shareholder proposal that would have split the positions

AUSTIN, Texas — Shareholders at the Whole Foods Market annual meeting here made it clear last week that they like the job John Mackey is doing as chairman and chief executive officer.

As Mackey announced voting results for two management and two shareholder proposals, each was greeted with polite applause. But when he announced the defeat of a shareholder proposal that would have split the positions of chairman and CEO, the crowd erupted into sustained applause and cheering.

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