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Status: Closed — this petition is no longer accepting signatures.

Taylor Wimpey plc - Peter Redfern

Taylor Wimpey plc - Peter Redfern

Closed — 46 supporters Verified

Final supporters

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fmfrpwds
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Nick W.
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Lorne C.
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Melvin D.
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Jonathan M.
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Jeff C.
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Lindsay C.
+36 more
Started by Anonymous 16 years, 3 months ago
I like many other Taylor Wimpey shareholders are sick and tired of seeing our assets in this company depressed week after week, month after month. Only this week we have seen the market value of this company fall well below £1 billion pounds, and almost to 50% of the reported net asset value of December 2009. I, and many others, feel that it is time that the Group Chief Executive (Peter Redfern) invests a significant amount of his post tax earnings from this past year in Taylor Wimpey shares. The shareholders have been good enough to heavily subscribe to last years open offer, and support the board and it's pay at the recent AGM. I think it's time the Group Chief Executive shows the markets that he also has confidence in the immidiate future of this fantastic company. If the Group Chief Executive is unwilling to show this confidence in Taylor Wimpey, then we request he makes way for someone who will.

Updates

June 9, 2010

The feedback from fellow shareholders keeps pouring in and highlights a shared frustration regarding the current lack of leadership accountability. I am currently drafting a formal letter to the board that leverages our combined position to demand direct action from Peter Redfern. Send a copy of this petition link to three other investors today to increase the pressure before my next meeting.

June 9, 2010

The momentum behind this demand proves that shareholders are finished waiting for leadership to show some skin in the game. Take this link to your social media accounts and tag the company board to let them know we are watching. Send an email to your broker today and ask them to pressure the executive team for a public commitment to buy shares.

3 Comments

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Sarah Choi
16 years ago Featured

The share price is an absolute joke. Fed up with the excuses while our money just keeps vanishing.

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Mark Duncan
16 years ago Featured

Put your money where your mouth is Peter. We all took the risk so why shouldn't you?

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Dave Klein
16 years ago Featured

Time to step up or leave. If you dont believe in the company anymore then stop collecting the paycheck while we lose our shirts.