GRAND RAPIDS, Mich. — An investment group affiliated with union group Change to Win last week called on the board of Spartan Stores here to switch to annual elections for members of the company's board.
The group, CtW Investment Group, also criticized Spartan's longtime use of auditor Deloitte & Touche and its executive compensation in a letter presented to the board at Spartan's annual shareholders meeting.
Spartan Chairman Craig Sturken said he would review the letter, according to reports.
In other news from the annual meeting, Spartan Chief Executive Officer Dennis Eidson said the company was “pleased so far” with the rollout of its first loyalty program, the Yes card, at 32 Glen's locations.
