{"id":9147,"date":"2022-02-02T22:32:05","date_gmt":"2022-02-02T22:32:05","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/02\/apples-board-recommends-voting-against-all-shareholder-proposals\/"},"modified":"2022-02-02T22:32:05","modified_gmt":"2022-02-02T22:32:05","slug":"apples-board-recommends-voting-against-all-shareholder-proposals","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/02\/apples-board-recommends-voting-against-all-shareholder-proposals\/","title":{"rendered":"Apple’s board recommends voting against all shareholder proposals"},"content":{"rendered":"

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Unsurprisingly, Apple is not fond of the shareholder proposals that are on the 2022 ballot, and is recommending voting against all of them. <\/p>\n

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For example, the recommendations include a for vote for all current nominees to the Board of Directors, according to a document sent to shareholders and seen by AppleInsider<\/em>. Nominees include Apple CEO Tim Cook<\/a>, James Bell, Al Gore, Alex Gorky, Andrea Jung, Art Levinson, Monica Lozano, Ron Sugar, and Sue Wagner. <\/p>\n<\/div>\n

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Additionally, the board recommends that shareholders approve the appointment of Ernst & Young as Apple’s independent registered accounting firm. Other recommendations include approvals of an advisory vote to approve executive compensation and the approval of Apple’s 2022 employee stock plan. <\/p>\n<\/div>\n

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The board recommends voting against a number of shareholder proposals, including one titled “Reincorporate with Deeper Purpose,” which requests that Apple amend its articles of incorporation to become a Social Purpose corporation. <\/p>\n<\/div>\n

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Apple’s board also recommends voting against a shareholder transparency proposal asking for clearer explanations of app removals from the App Store<\/a> in response to government requests. In its response, Apple says it “already provides detailed information” about app removals. <\/p>\n<\/div>\n

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Another report that Apple recommends voting against concerns forced labor and requests the creation of a report detailing how Apple protects workers in its supply chain. <\/p>\n<\/div>\n

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The Cupertino tech giant also recommends a no vote on a proposal to create a pay equity report, a proposal requesting a civil rights and diversity audit of Apple, and a proposal seeking the preparation of a report on concealment clauses. The latter proposal is related to past criticism relating to Apple’s secret policies allegedly making the discussion of workplace conditions<\/a> more difficult. <\/p>\n<\/div>\n

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Apple’s annual shareholder meeting will take place<\/a> at 9 a.m. Pacific on Friday, March 4 in a virtual format. The deadline to vote prior to the meeting is 8:59 p.m. Pacific on March 3.<\/p>\n<\/div>\n<\/div>\n