In his preliminary proxy statement, Williams has told the Securities and Exchange Commission he will be asking stockholders at their May annual meeting to vote for former Gov. Roy E. Barnes; George R. Puskar, former CEO of Equitable Real Estate and now part of Atlanta-based Lend Lease Real Estate Investments; Paul J. Dolinoy, SVP, Lend Lease Real Estate Investments; Thomas J. A. Lavin, head, mortgage investment group, MetLife; and Jansen Noyes III, member, board of trustees, Cornell University.

Williams says he also is not opposed to one of Post's nominees, L. Barry Teague. Arthur M. Blank, a Post director since 1994 and considered a close friend of Williams, previously announced he will resign at the annual meeting, as GlobeSt.com reported. Blank's term expires in 2004.

Williams is confident he can throw out Post's existing board because he is the company's largest shareholder with 2.87 million shares or about 7.3% of the outstanding shares. Puskar owns 3,000 shares of Post stock. Williams' other nominees do not own stock in the company.