At the 2006 shareholders meeting he refused to answer questions.
The decision was approved by the annual shareholders meeting held on 23 May 2002.
Time, which has offered $70 a share, or $14 billion, for Warner, will hold its annual shareholders meeting today.
After the changes, to take effect at the annual shareholders meeting on May 21, there will be two inside and nine outside directors.
Under Delaware law, publicly owned companies must hold a shareholders meeting every 13 months.
As they demonstrated outside, shareholders met inside to decide the firm's fate.
You could have shareholders meet regularly to air their views and report company abuses.
But he said yesterday at the annual shareholders meeting that the rise in short-term interest rates might be near an end.
Instead, the board scheduled a special shareholders meeting for June 1 to elect directors.
The shareholders met despite several pieces of upbeat news from Kodak.