Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Coffee Shoppe Message Board

Whole Foods Founder Says Global Warming “Not tha

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 63824
Posted On: 01/26/2013 3:59:28 PM
Avatar
Posted By: PoemStone

Whole Foods Founder Says Global Warming “Not that Big a Deal”


John Mackey, the co-founder and CEO of Whole Foods Market, seems like a man of contradictions. His company’s motto is “Whole Foods, Whole People, Whole Planet” -- yet he says there’s an upside to global warming, and he’s reportedly wary of labor unions. He’s a vegan with a self-described Libertarian bent. He’s grown his business to an $11 billion Fortune 300 company, but his salary is $1 per year. To 70,000 team members, he’s the boss. Still, as he told Off the Cuff, “I sometimes put my foot in my mouth.”


In 1978, Mackey and his then-girlfriend opened a small natural foods store in Austin, Texas, with a $45,000 loan from friends and family. Whole Foods now has 340 stores worldwide. The company advertises its commitment to organic produce, seafood sustainability and what it describes as its “Green Mission.” But Mackey’s views on climate change may surprise his core customers.


RELATED: From Homeless to Hair Care Billionaire


“I haven’t been outspoken about global warming. I’ve been smeared quite a bit in the media about it – all of a sudden, I’m a climate change denier. I mean, climate change is obviously occurring. So -- it's gotten a little bit warmer. I guess my position on it is that I don't think that's that big a deal. Actually, humanity’s flourished usually when temperatures gradually warmed . And humans gradually adapt to it,” he told Off the Cuff.


As for regulation to reduce global warming, he said, “We can probably eliminate poverty on the planet earth in the next 50 years if we will just continue to follow the tenets of free enterprise capitalism to the greatest extent possible. So I just don't want to see that change.”


Mackey’s taken some heat for some of his other publicly stated opinions . In a recent interview on NPR, he characterized President Obama’s health care legislation, ‘Obamacare’ as “more like fascism.” He backpedaled in subsequent interviews.


“I sometimes put my foot in my mouth, so I suppose that’s a vice,” he told Off the Cuff. “I’m getting more mature, finally, so I’m a little bit better, but I still make mistakes. And I made one fairly recently, so I’m learning all the time. I hope I keep learning.”


When asked what effect his outspokenness has on his PR team, he laughed and said, “That’s why there’s three of them here today, in case one of them dies.”


RELATED: High School Dropout to Tech Titan


Mackey’s views on what he called the “higher purpose” of business are the subject of his new book “ Conscious Capitalism: Liberating the Heroic Spirit of Business ,” in which he advocates balancing profitability with social conscience. He told CNBC: “business has a very bad reputation in our society. Yet business is the greatest value creator in the world. Business needs to come to understand that it has the potential for a higher purpose, besides just maximizing profits and shareholder value.”


Mackey says he lives simply so he can give away more. He drives an ordinary car, he flies commercial. “I prefer that. I have what I need in life and I’m not about impressing people with a display of wealth. That doesn’t do anything for my self-esteem. I live relatively modestly and it gives me more money to give away and help other people with, “he said. In 2006 Mackey announced that he was reducing his salary to $1 a year, and stated that he would donate his stock to charity.


RELATED: How CEOs Spend It


His one extravagance is the ultra-light hiking gear he buys for his yearly long-distance hiking expeditions. “My pack is lighter than most people’s day packs when they just go out for a couple of hours.”


The best advice he’s ever been given? “Life’s very short. None of us is getting out of here alive, therefore we should go for it. Don’t try to play it safe because there is no safety. So follow your heart, follow your passions. Life will be a grand adventure and it will be a lot of fun.”



(0)
(0)




Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP





Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us