27-10-2017 14:23 via telecoms.com

Apple asks SEC if it can ignore shareholder diversity request

Apple has written to the SEC to ask to exclude a shareholder proposal which would essentially hardwire positive discrimination into the DNA of the business.
Put forward by various institutional investors including Zevin Asset Management, Friends Fiduciary Corporation, Nathan Cummings Foundation, the Employees’ Retirement System of Rhode Island and the SEIU Fund, the proposal is to tie diversity metrics of the senior management team to the ‘company’s compensation incentive plans
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