News
Apple shareholders meeting scheduled for Feb. 27
Apple will hold its annual shareholder meeting at 9 a.m. Pacific, Feb. 27, according to a filing with the U.S. Securities and Exchange Commission. The meeting will be held at the company’s Cupertino headquarters. Proposals up for a vote include the election of Apple’s board of directors, an advisory vote on executive compensation, ratification of Ernst & Young as the company’s independent accounting firm, and two shareholder proposals — one requiring executives to hold onto a percentage of shares until normal retirement age, the other regarding the establishment of a Board Committee on Human Rights. Apple’s board opposes both proposals. Also, a proposed amendment would establish a “par value” of $0.0001 per share for Apple common stock, among other measures. [via Apple Insider]
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