Apple shareholders rejected a proposal yesterday that would have required the company to improve the diversity of its top ranks. This is the second year in a row that Apple shareholders have shot down the proposal, with just over 95 percent of the vote opposing it this time around — slightly more than last year.
The proposal, submitted by shareholders Tony Maldonado and Zevin Asset Management, asked Apple to “adopt an accelerated recruitment policy ... to increase the diversity of senior management and its board of directors." Maldonado and Zevin had argued that Apple’s upper ranks were responding too slowly to the company’s own diversity initiatives and that it would ultimately come back to bite them, be it through missing talent or new...
from
http://www.theverge.com/2017/3/1/14781854/apple-shareholders-reject-diversity-proposal-for-second-year
from
http://ifeeltechinc.blogspot.com/2017/03/apple-shareholders-overwhelmingly.html
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