Microsoft shareholders defeat 2 activist proposals - News Summed Up

Microsoft shareholders defeat 2 activist proposals


Microsoft shareholders defeat 2 activist proposals Microsoft's shareholders have voted to defeat two proposals by activist investors calling for the company to add a rank-and-file employee on its board of directors and report on gender disparities in company salariesFILE - In this Nov. 28, 2018, file photo Microsoft CEO Satya Nadella speaks during the annual Microsoft Corp. shareholders meeting in Bellevue, Wash. Microsoft's shareholders voted Wednesday, Dec. 4, 2019, to defeat two proposals by activist investors that would have required the company to add a rank-and-file employee on its board of directors and study workplace gender pay disparities. (AP Photo/Ted S. Warren, File)FILE - In this Nov. 28, 2018, file photo Microsoft CEO Satya Nadella speaks during the annual Microsoft Corp. shareholders meeting in Bellevue, Wash. Microsoft's shareholders voted Wednesday, Dec. 4, 2019, to defeat two proposals by activist investors that would have required the company to add a rank-and-file employee on its board of directors and study workplace gender pay disparities. (AP Photo/Ted S. Warren, File) The Associated PressMicrosoft's shareholders have defeated two proposals by activist investors calling for the company to add a rank-and-file employee on its board of directors and report on gender disparities in company salaries. Microsoft asked investors to defeat the proposal, arguing that all board candidates should be evaluated using the same criteria. Microsoft announced the tallies at its annual shareholder meeting, an online event with no shareholders in attendance physically.


Source: ABC News December 04, 2019 17:58 UTC



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