The time has come to take the annual meeting seriously
Little strikes fear into the hearts of corporate management as much as the annual meeting. The yearly rite of passage is often viewed by CEOs with as much enthusiasm as a trip to the dentist.
Facing the shareholders can be a daunting experience. And the annual meeting is even more frightening when the company has underperformed. Today's shareholders tend to be vocal, and the CEO is usually the target of their discontent.
No wonder some CEOs suggest that the meeting be moved to a small island,
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Philip Webster
Philip J. Webster is president of The Webster Group, Inc, Philadelphia-based global management consultants in investor relations, corporate communications and public affairs.
