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Aug 31, 2006

A message from the CEO

A sample of the best and worst letters to shareholders from 2005's annual reports

The annual letter to shareholders is the ideal opportunity for a CEO to demonstrate his or her leadership skills to investors and analysts. ‘After reading a good letter to shareholders, you will feel like you just had a meeting with the CEO,’ says Laura Rittenhouse, president of New York-based andBeyond Communications and an expert at penning and editing chiefs’ letters.‘It is my view that the shareholder letter is read because it is a window on leadership and a reflection

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