Talk:Frank Stronach

Latest comment: 13 years ago by Ask123 in topic Biography assessment rating comment

Biography assessment rating comment edit

The article may be improved by following the WikiProject Biography 11 easy steps to producing at least a B article. -- KenWalker | Talk 06:09, 5 June 2007 (UTC)Reply


I recently restored this paragraph of text previously deleted by User:Michaelm:

Recently, Stronach has been criticized for his multiple voting shares, which allow him to have majority voting power despite owning only 4% of Magna's equity. His pay packages in the past few years which have been around 30 to 50 million $CDN have also aroused concern since he only holds the non-operational role of non-executive chairman, although he still wields vast power in this position (Brian Tobin quit as CEO of Magna's entertainment division, likely because Stronach would not give him autonomity to operate). As a result, Ontario Teachers Pension fund withheld their votes from Stronach and his close allies when it came time to re-elect Magna's board of directors. Some proponents of corporate governance have even made analogies between Stronach and Conrad Black's control of Hollinger Inc. Stronach's blunt response was to tell unhappy investors "if they don't like the restaurant, then don't eat there". However, Stronach may be forced to curtail his control of Magna if he ever gets the attention of crusading New York State Attorney General Eliot Spitzer.

I think this text, as is, is rather POV. But it contains a few important points if sourced properly, so I'd rather see it stay and be improved than deleted outright. I'll hope to get to it later, but please do so now if you wish to. --Saforrest 21:45, 17 December 2005 (UTC)Reply

The paragraph is extremely POV. I cleaned it up -- although I wasn't signed in at the time (look for the IP-addressed editor). Wikipedia isn't the place for writing with an agenda. If anyone wants to edit the paragraph again, please present balanced, well-sourced and agenda-less information.ask123 (talk) 14:11, 15 September 2010 (UTC)Reply