Teamsters demand independent board chair at TCCC

(WASHINGTON) The International Brotherhood of Teamsters today asked shareholders of The Coca-Cola Company [NYSE: KO] to support the union’s proposal for an independent board chairman at Coca-Cola’s upcoming annual meeting on April 21 in Duluth, Ga.

In a letter to shareholders, Teamsters General Secretary-Treasurer C. Thomas Keegel said that an independent chairman at Coca-Cola is critical to ensuring rigorous oversight of management—particularly as the company moves forward with plans to acquire its largest bottler, Coca-Cola Enterprises, Inc.’s [NYSE: CCE], North American operations.

Read the Teamster's full press-release here.