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"The fight is never about grapes or lettuce. It is always about people." Cesar Chavez |
:: Friday, April 25, 2003 ::
Chairman of Insurer Says He Plans to Step Down Officials from several unions, led by electrical workers, carpenters and laborers, were threatening a proxy fight to topple Mr. Georgine and unseat his board supporters.
Ullico officials said Mr. Georgine and his supporters and critics had agreed on the unified slate of 15 that would include Martin Maddaloni, the plumbers' president; Terrence O'Sullivan, the laborers' president; Alexis Herman, former labor secretary; Richard Trumka, the A.F.L.-C.I.O. secretary-treasurer; Richard Ravitch, the New York builder; and Abner Mikva, the former White House counsel and federal judge.
Mr. Maddaloni said yesterday he would return his profits from his selling of Ullico stock. He made $418,800 in pretax profits, according to Mr. Thompson. The presidents of the carpenters' and communications workers' unions have already returned their profits.------------------------------------------- posted 5:15 PM :: reference link ::
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