shareholder resolution · 2004

Communications Workers of America at Sprint Corporation

Establish an independent committee to prepare a report evaluating the risk of damage to Sprint's brand name and reputation in the United States resulting from its offshoring initiative, and make the report available to shareholders on request.

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What happened

Result: Voted on as Item 6 at the annual meeting on April 20, 2004 and rejected. Sprint's Form 10-Q for the quarter ended June 30, 2004 reports 90,348,634 votes for, 803,327,826 against, 97,175,145 abstaining and 156,191,721 broker non-votes. That is 10.11 percent in favour counting only votes for and against, or 9.12 percent if abstentions are included in the base.

we found no documented change

Shareholders Focus on Offshoring at Sprint, IBM, GE, Communications Workers of America, 2004

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What this campaign is about