Talk:Frank Stronach

From Wikipedia, the free encyclopedia

This article must adhere to the policy on biographies of living persons. Controversial material of any kind that is unsourced or poorly sourced must be removed immediately, especially if potentially libelous. If such material is repeatedly inserted or there are other concerns relative to this policy, report it on the living persons biographies noticeboard.

	This article is within the scope of WikiProject Biography. For more information, visit the project page.	Biography Portal
???	This article has not yet received a rating on the Project's quality scale. Please rate the article and then leave a short summary here to explain the ratings and/or to identify the strengths and weaknesses of the article. [FAQ]
	This article is supported by the Politics and government work group.

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)