Whole Foods’ Mackey Says Employees Should Come Before Investors
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Whole Foods Market Inc. Co-Chief Executive Officer John Mackey said employees, not shareholders, need to be the first priority for businesses.
“I really don’t think shareholders should come first, I think it’s fundamentally a bad strategy,” Mackey said yesterday at a Captains of Industry series interview with Norman Pearlstine, chief content officer of Bloomberg News. “Happy team members result in happy customers, happy customers result in happy investors. If you put shareholders first, you won’t get there.”