Act Responsibly, or Else

WASHINGTON, D.C.

Directors of public companies that pay their executives excessively or are otherwise unresponsive to shareholder needs have been put on notice by the AFSCME Employees Pension Plan: "If you are not doing your job as a board member by representing the interests of investors, you will not get our vote," says President McEntee, the Plan's chairman.

One focal point: top executives who are paid handsomely without regard for company performance.

The 11 targeted companies: Honeywell International Inc., Cendant Corp., VF Corp., General Electric Co., Kohl's Corp., Colgate-Palmolive Co., Union Pacific Corp., Qwest Communications International Inc., Hilton Hotel Corp., Home Depot Inc. and Lowe's Companies Inc.