Amazon shareholders vote against investor-led proposals
2022.05.25 20:25
FILE PHOTO: The logo of Amazon is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes
NEW YORK (Reuters) – Amazon.com Inc (NASDAQ:AMZN) shareholders on Wednesday voted against all 15 investor-led resolutions that challenged the company’s policies – including its use of plastics and certain concealment clauses in contracts – at the company’s annual meeting.
Investors voted for proposals to approve executive compensation, board members and a stock split.
The boost in the number of resolutions, which Amazon recommended investors vote against, comes as tech company shareholders push for more transparency on social issues such as pay equity, workplace culture and safety, and sustainability practices.
