Healthways (HWAY +0.7%
) intends to include a proposal
in its proxy statement for its 2013 annual meeting of stockholders to eliminate it's classified board structure and elect directors on an annual basis. The proposal, which was unanimously approved by the Board of Directors, must be approved by stockholders at the 2013 Annual Meeting. If approved, then board members would be elected annually, as opposed the three year term currently in place.