In the video below, Motley Fool analysts Austin Smith and Jim Mueller discuss Whole Foods Market (NASDAQ: WFM ) . Jim, the author of Motley Fool's premium research report on Whole Foods, speaks about his impression of the company's management team.
Whole Foods' management really centers on co-CEO and founder John Mackey. In 2006 Mackey was posting anonymously on discussion boards and trashing competitors. One competitor was Wild Oats, which Whole Foods has since acquired. Mackey was investigated by the SEC, but was not fined. He seems to have learned a lesson from the experience, and has driven a great culture at Whole Foods.
As opposed to the upper management in other companies who often make up to a hundred times the salary of average employees, Whole Foods does not pay its executives more than 19 times what the average employee makes. Since everyone is being treated fairly, this practice is good for stockholders and customers alike. Whole Foods has a great culture for long-term growth.
For more detailed information, make sure you take a look at Jim's full report.
As Austin and Jim discuss in the video, Whole Foods has booked investors more than 30 times their initial investment. However, it may not be too late to participate in the long-term growth of this organic foods powerhouse. In this brand-new premium report on the company, we walk through the key must-know items for every Whole Foods investor, including the main opportunities and threats facing the company. We're also providing a full year of regular analyst updates to go with it, so make sure to claim your copy today by clicking here.