Not exact matches
Apple's
board is against a
proposal by investor Antonio Avian Maldonado II that recommends the company boost
diversity of its
board and senior management staff, according to Quartz.
A shareholder
proposal regarding
diversity among our senior management and
board of directors 7.
A shareholder
proposal regarding diversity among our senior management and Board of Directors (Proposal
proposal regarding
diversity among our senior management and
Board of Directors (
ProposalProposal No. 6);
It's not uncommon for investors to push for increased
diversity with such
board proposals, Eileen Carey, CEO of Glassbreakers, which makes software to help companies improve employee
diversity, tells Quartz.
So it's curious that ahead of a shareholder meeting in February, Apple's
board of directors is recommending that investors vote against a
proposal to increase the
diversity of its
board and senior management.
(I'd direct the same complaint against a possible SEC
proposal to mandate disclosure of
board of director
diversity, another item Brown supports.)
«[W] orkplace
diversity proposals (which mostly concern rights for lesbian, gay, bisexual and transgender people and those seeking more
diversity among corporate
board members) account for 9 percent of the total number of shareholder resolutions filed so far this year.»
NorthStar, based in Boston, filed six
proposals this year asking companies to adopt language that they would seek greater
board diversity.
State
Board of Regents Chancellor Betty Rosa criticized New York City Mayor Bill de Blasio's
proposal from June, which outlined ways to increase
diversity in New York City schools but failed to mention the word «segregation» or directly address integration.
The Oracle
Board of Directors, arguing that it does enough to support gender
diversity already, recommends a vote against the
proposal.
The
proposal, led by a mutual fund with investments in Oracle, points out that multiple studies show that
board and managerial
diversity are linked to better corporate performance and higher stock market valuations.