Deals
Whole Foods’ Shareholder Battle Sets Up a Clash of Foodie Gurus
- Jana buys stake in grocer and taps Mark Bittman as consultant
- Investors concerned book-writing CEO has let performance slip
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Whole Foods Market Inc. Chief Executive Officer John Mackey was supposed to spend this week celebrating the release of his new book, a paean to vegan eating that debuts on Tuesday.
Instead, he’s facing a looming battle with Jana Partners, an activist investor that bought a stake in the grocery chain and is now threatening to shake up the board, overhaul operations -- and possibly push for a sale.