Other Editorials

2017 Annual Meeting Tomorrow

Jim Dollinger
Monday, June 5, 2017

This is nothing more than a divisive distraction whereas my proposal for independent Chair provides for a change in leadership direction. We did well under duPont/Sloan style governance while putting one person in charge of both long term strategy AND ongoing operations led to things like the Fiat Fiasco, horrible marketing, and bankruptcy. Today we have withdrawn from Europe, India, Australia, and sell virtually nothing in Japan. US dealers are flooded with inventory. We need an independent Chair to provide vision, separate from running the place on a day to day basis. For the record, no reporters have contacted me in regard to Item #6 on tomorrow's proxy.