A competitive management does not need the power to override a shareholder majority. A number of recent studies show that well governed companies not only make more money than poorly governed, but investors are likely to give them a higher stock market value. Some investors said they believed that good governance would boost performance over time. ISS said that super-majority may entrench management by preventing action that may benefit shareholders. The Constitution allows for a member in good standing to accept nomination for office at the membership meetings or by proxy, if the member accepting signs the proxy.
Members can run for only one office.
Any member can make nominations and there is no need for a second to any nomination. Part time members in good standing can participate in Local 132 elections. Nominations will also be held for the office of Unit Officer Palm Desert District at all Inland Empire regular membership meetings in April and May with the election at Inland Empire regular membership meetings in June. Absentee ballots for this election can be obtained by contacting the Union office after all nominations are complete and before the first Wednesday of June. Due to the strong response from UWUA members, we are extending the supplemental benefits open enrollment period until Monday April 16, 2001.