ShootSpeeders
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People like to talk about how blacks and indians are as smart as white people, but they know it's false, and when their money is on the line, they say so.
Apple investors reject diversity proposal
feb 28 2017 On Tuesday, Apple investors overwhelmingly rejected a proposal that would have urged the company to ramp up its efforts to hire African Americans, Latinos and other people of color for its board of directors and senior management positions. As is the case at many tech companies, members of such groups have been underrepresented at Apple compared with the general population.
The vote marked the second year in a row shareholders have rejected the proposal, which called for Apple to have an “accelerated recruitment policy” to diversify its leadership ranks. Because it received less than 6 percent of shareholder votes this year, Apple can block it from appearing on its proxy ballot next year, supporters noted.
Only 4.91 percent of shares were voted in favor of the diversity proposal, according to Zevin and Maldonado. Investors representing some 95.09 percent of Apple shares voted against it.
Apple representatives did not immediately respond to an emailed request for comment. But in the proxy statement the company sent to investors in January, it urged shareholders to reject the proposal, arguing that it was already taking significant steps to diversify its workforce and help train women and minority workers for jobs in tech. It also argued that it already releases detailed information about the diversity of its workforce.