Shareholders seek more diversity in Apple upper management | iLounge News

News

Shareholders seek more diversity in Apple upper management

A small group of investors is pushing Apple to increase diversity on its board of directors and at senior management levels, but the company is pushing back against those efforts, The Verge reports. For the second straight year, investor Tony Maldonado has submitted a proposal asking Apple to “adopt an accelerated recruitment policy ... to increase the diversity of senior management and its board of directors.” But in an SEC filing, Apple’s board argued it already has “much broader” efforts at achieving diversity improvements in place. Apple claims Maldonado’s policy “is not necessary or appropriate because we have already demonstrated our commitment to a holistic view of inclusion and diversity.” Maldonado countered that the company is using the diversity numbers from its retail operations to mask the fact that it is doing less to promote women and minorities to the company’s higher posts.

Comments

Related Stories

Subscribe to iLounge Weekly

Recent News

Recent Reviews

Recent Articles

Sign up for the iLounge Weekly Newsletter

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond.
iPod, iPhone, iPad, iTunes, Apple TV, Mac, and the Apple logo are trademarks of Apple Inc.
iLounge is © 2001 - 2017 iLounge, Inc. All Rights Reserved. Terms of Use | Privacy Policy