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2010-11-27T00:00:00.000Z

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Background Information

Employment History

Research Director

Culinary Workers Union Local 226

Senior Research Analyst

Culinary Workers Union Local 226

Research Director

Culinary Union

Senior Research Analyst

Culinary Union

Spokesman

Culinary Union

Senior Research Analyst

HERE

Affiliations

Board Member
Southern Nevada Workforce Investment Board

Web References (50 Total References)


The Bentley Group - Real Estate Advisors

www.thebentleygroup.com [cached]

Chris Bohner, research director for Culinary Local 226, said the city should simply sell the Union Park land to a developer and forgo the new city hall. ??There??s no reason whatsoever that they can??t sell that land right now and get cash into a budget that is in deficit,? he said. ??We reject the premise that you have to build a brand-new city hall to


Top Proxy Voting Firm and Public Pension Fund Back Culinary Union's Shareholder Proposals at The Cheesecake Factory

biz.yahoo.com [cached]

"We are delighted that ISS and the New York State Common Retirement Fund are supporting all six of our shareholder proposals at the Cheesecake Factory," said Chris Bohner, senior research analyst at the Culinary . "It reaffirms the clear message we are sending to the company: it is time for the Cheesecake Factory to reform the company's stock option policies and modernize its poor corporate governance."


But Culinary Union ...

www.klas-tv.com [cached]

But Culinary Union spokesperson Chris Bohner says with people losing jobs, they don't support a project this size, "If they want a city hall, let's put in on the ballot and let the people decide in June."

The new city hall would be built on Main and Lewis by a private investor.


"It's a sad day when elected ...

www.lasvegassun.com [cached]

"It's a sad day when elected officials are afraid of the voters," said Chris Bohner, Culinary Union research director. "Our fight was to let voters decide about the new city hall through the referendum and initiative process."

He said the Culinary Union is going to review the city attorney's memo and decide shortly if it will take the issue to court.


Labor Stands United With Immigrants on Reform Issues

www.hereunion.org [cached]

"In our view Cheesecake Factory has awarded an excessive amount of stock options to managers at the company, leading to significant shareholder dilution," said Chris Bohner, Senior Research Analyst for the Culinary Union."Cheesecake shareholders are witnessing a material transfer of property from shareholders to management, and we believe it's time to for shareholders to stand up and put a stop to it," Bohner said.

From 1995 through 2002 more than 7.6 million stock options have been exercised by managers -- or over 15% of the outstanding shares in 2002.There is the potential of an additional 17% of the company's shares being introduced into the market through the exercise of stock options, further diluting shareholders.
"We feel Cheesecake Factory has been able to award such a large number of stock options because the company doesn't account for the cost of the options in the income statement, and because the company has avoided subjecting a large stock option plan to a shareholder vote," said Bohner.
The Culinary Union is asking shareholders to vote for two stock option proposals recommending that the Company begin expensing stock options and subject all stock option plans to shareholder approval.
In addition, the Culinary Union is urging shareholders to vote for four corporate governance proposals asking the company to institute annual elections for directors, separate the position of Chairman and CEO, subject the company's "poison pill" to a shareholder vote, and remove the Company's requirement that governance changes receive approval from at least 80% of all shares voted.
"We believe the Cheesecake Factory board of directors has elected to insulate and entrench themselves behind an array of anti-takeover devices that restrict shareholder rights," said Bohner."It's time for this company to modernize its corporate governance profile.If the recent corporate scandals are any guide, good corporate governance is vital to protecting shareholder value," added Bohner.
The Culinary Workers Union and affiliated benefit plans own approximately 30,000 shares of The Cheesecake Factory.The Culinary Union's parent organization, the Hotel Employees and Restaurant Employees International Union, is a member of the Council of Institutional Investors, a corporate governance organization representing over $1 trillion in assets.
CONTACT: Culinary Workers Local 226, Las Vegas
Chris Bohner, 702/387-7005

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