The 2002 Rossi Scorecard
from January/February 2003
The 22 proxy proposals that won shareholder support . . .
AllState
Baker Hughes
Bristol-Myers Squibb
CSX
Delphi Automotive
Electronic Data Systems
El Paso Corp.
Entergy
Fortune Brands
Goodyear Tire & Rubber
Kimberly-Clark
. . . and the seven that didn’t
Marathon Oil
Maytag
McGraw-Hill
Occidental Petroleum
PG&E
Pharmacia
Safeway
Sears Roebuck
3M
Weyerhaeuser
Wyeth
Most of the Rossis’ proxy proposals sought shareholder backing for the termination of poison pills, and at Pharmacia for simple-majority voting too. Simple-majority voting was also what they called for at Baker Hughes and EDS. They failed to get sufficient support for the rotation of auditors at A&P and Winn-Dixie, and for the nomination of outside directors to key committees at GM.
Source: Investor Responsibility Research Center
