Apple’s shareholders this month will vote to try and increase diversity within management, a proposal being pushed by its major investors. Despite conclusive data showing that diversity in management is critical for a company’s performance, Apple’s management says the proposed policy is “not necessary.”
The annual shareholders meeting on Feb. 28 is slated to feature a number of proposals, including Proposal No. 6, which calls for “an accelerated recruitment policy” for senior management roles and its board of directors both of which, according to shareholders, “presently fail to adequately represent diversity and inclusion.”
Apple has opposed Proposal No. 6 and is encouraging shareholders to vote against it.
