The apparent stumbles of the two CEOs leads to another burning question: is Whole Foods' 11 member board providing the proper checks and balances, especially given two years of dreadful performance?
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In case you were unaware, this management conceals a lot of info from the public. Yet, it is supposed to be fully-reporting!
Not hardly. The board is way too cozy with non-leadership and mis-management... The co-CEOs should have been co-unemployed years ago. Shareholders have access to independent ratings of our corporate governance, and they're not impressed....which is yet another factor impacting confidence in this company and dampening its stock price. I wouldn't invest in this company and have strongly recommended to anyone who will listen that this hot mess should be avoided entirely.