08 June 2010

OK, This is Weird

I just got a call from Caterpillar regarding whether I got my proxy statement, and how I would be voting on the measures their annual meeting, which is tomorrow.

It appears from reading the proxy statement, that they are worried about push-back on their executive compensation/bonus package, though it might be that they want to beat back a change to their board election procedures: It's currently triennial, and there is a motion to make it annual, or a shareholder proposal for an independent Charmain of the Board.

I've gotten snail mail on such things before, but getting a phone call is a new one for me.

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