Location: Sayles 252
Time: 12:00 pm
Present Staff: Fred Rogers, Shannon Schulz, David Schlosser Faculty: Mike Hemesath, David Lefkowitz Students: Eilidh Higgins, Nora Mahlberg, Alex Persaud, Nathaniel Rosenblum, Cristina Sainati
Secretary: Laura Garlock
As this Tuesday marked CRIC’s first meeting of 2009, the committee first decided on a meeting time. Common time (12:00pm – 1:00pm) on Tuesdays (and possibly Thursdays) had the fewest conflicts.
CRIC is planning to attend the Board of Trustees’ Investment Committee meeting on February 12th from 12:30 to 12:45pm. CRIC’s members will take this opportunity to introduce themselves to the Board before submitting their resolution proposals.
The deadline for the Board Book is January 26th, so CRIC may try to have a proposal on shareholder resolutions ready by then. That may be too soon to come up with an entirely new proposal, so the committee may choose to first address topics on which it has drafted proposals in the past. Therefore, the members can edit those previous proposals to use for the current shareholder resolutions.
Once more, each member reported his or her findings on 2009 shareholder resolutions, which the committee then sorted into many categories (listed below). CRIC plans to vote on which categories seem most vital, and from there will begin to write proposals.
2009 Shareholder Resolutions—Grouped by Topic
Iraq/Military: Haliburton, ITT, KBR
Executive Compensation: Raytheon Company, Masco, Citigroup, EMC Corporation, GE, Goldman Sachs, Hewlett Packard, Honeywell International, Huntington Bancshares Incorporated, Intel Corporation, IBM, Jones Apparel Group, United Health
Sustainabilty: Haliburton, International Paper, Home Depot, Safeway, Pepsi, GE, Dover, Citigroup, Kadant Incorporated, Idacorp, Dominion, Mirant Corporation, Hertz, Kellog, Kraft, Avon
Political Contributions: Goldman Sachs, Raytheon, American Express,
Consulting Services: Avon, Haliburton, Helix
Human Rights, Safety, and Water Issues: Pepsi, Philip Morris, Google, Haliburton, Intel Corporation, Altria, Cisco Systems, Home Depot, Knology Incorporated
Banking and Predatory Lending: American Express, JPMorgan Chase & Company, Goldman Sachs, Citicorp
Universal Health Care: Home Depot, 3M, American Express, Altria