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Whole Foods May Toss Out Half of Its Board

Under pressure from activist investor Jana Partners amid poor sales and struggling stock price, Whole Foods (WFM) may be looking to make some changes.

The organic grocer may be on the verge of scrapping half of its board of directors and replacing its long-time chairman, according to a report from Dow Jones on Wednesday. A Whole Foods spokeswoman did not immediately return a request for comment.