Glen Erickson, an official with the Parents Television Council, is wondering why officials with the company that owns the Victoria's Secret chain wouldn't allow him to speak at a recent shareholders meeting.
The annual shareholder's meeting for Limited Brands was held on Monday in Columbus, Ohio. During such meetings, shareholders are routinely allowed to ask company executives about certain policies and procedures.
Glen Erickson is director of corporate relations for Parents Television Council (PTC) as well as a Limited Brands shareholder. However, when he arrived for the meeting, Erickson says he was escorted to a separate room with a few others, where he could watch the meeting on closed-circuit television but was unable to ask questions of company executives. Other shareholders, however, were gathered in a public meeting room and given the opportunity to speak.
Erickson says he just wanted to ask company officials to stop scheduling ads for the lingerie company during primetime broadcast hours. "We just want to know that [there are] hours, programs that are safe for children to watch, with their parents -- that's all we're seeking," he contends. "In no way do we want to impede their ability to sell products and make a profit. We wish them the best."
According to Erickson, the PTC receives letters, e-mails and other correspondence from parents who are concerned about the ads. And he says PTC now is investigating what he sees as a "blatant disregard" for shareholder rights.