May 16, 2005
Source: Newsday
On May 16, 2005 the Newsday reported, "The Interfaith Center on Corporate Responsibility is putting a wide variety of issues on the corporate agenda, pushing for policy changes and gaining unprecedented levels of support for its shareholder resolutions. The annual-meeting season isn't over yet and the votes aren't binding, but already a majority of votes cast by shareholders at Textron, the conglomerate that makes Bell helicopters and Cessna planes, has supported a policy to separate the jobs of chief executive and chairman. At Merck, the maker of the controversial painkiller Vioxx, the board changed the company's leadership only days after nearly half of voting shareholders supported a similar Interfaith Center resolution."