As John Mackey, CEO of Whole Foods, closed his company’s $670 million acquisition of Wild Oats Markets after a five-month antitrust investigation and court battle with the FTC, did he realize that the expense, delay and bad publicity his company endured could have been minimized if he had been more careful with his words?
Perhaps he, and other CEOs, should heed the wisdom of Calvin Coolidge, who once said, “I have never been hurt by anything I didn’t say.”
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