WHOLE FOODS BOARD COMPLETES INTERNAL INVESTIGATION

Now that issues with the FTC are (basically) over, the Whole Foods board says it has completed its independent internal investigation over ceo John Mackay’s online postings. As you’ll recall, John admitted to posting messages related to Whole Foods and Wild Oats under a pseudonym on Yahoo financial forum years ago.

In a statement, the board said it “has reaffirmed its support of John Mackey, Chairman and ceo of Whole Foods Market, and the Whole Foods Market leadership team and has turned over its findings to the Securities and Exchange Commission ("SEC"). The Company and the Board intend to cooperate fully with the SEC in completing its related inquiry. Due to the ongoing SEC inquiry, the Company and the Board have no further comment at this time.”