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Caterpillar opposes all the shareholder proposals. One would encourage Caterpillar to give shareholders the power to take action by written consent outside of annual meetings. The board recommended that shareholders instead approve its measure to allow them to call a special stockholder meeting if at least 25 percent of them agree. Another of the shareholder proposals would require Caterpillar to produce a detailed report on its political contributions and lobbying. A third measure would ask Caterpillar's board to require new director nominees to earn a majority of the votes cast to be elected. The final proposal would require Caterpillar to review all its policies to make sure they conform with international humanitarian standards. ___ Online: Caterpillar Inc.: http://www.cat.com/ .
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