From: Dan Ehrlich [dbehrlich@cox.net]
Sent: Monday, March 29, 2004 7:42 PM
To: rule-comments@sec.gov
Subject: S7-19-03

To the Commissioners of the Security and Exchange Commission:

 

It is time to open up corporate governance to those being governed; if a signal 
of 35% of the shareholders express an opinion, it’s time to open up the 
electoral process to alternative candidates for the Board.  Hopefully a rule 
like this one will prevent a repeat of the recent Walt Disney Company debacle in 
which the director who had 43% of shareholder votes withheld was punished by 
losing his role as Chairman of the Board to a director who had 24% of 
shareholder votes withheld, with no opportunity for further shareholder input.  
The inside games MUST stop!

 

All the Best,

 

Dan Ehrlich