Pursuits
Burger King’s Shareholders Reject Pledge to Add Women to Board
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Shareholders of Restaurant Brands International Inc., owner of Burger King and Tim Hortons, rejected a proposal that would require a clear plan to add women to the company’s all-male board.
OceanRock Investments Inc.’s motion was defeated at Thursday’s annual meeting in Oakville, Ontario, according to the Canadian Press. The Vancouver-based investor became a shareholder when Miami-based Burger King acquired the Canadian doughnut chain Tim Hortons in 2014 for about $11 billion. The combined company is based in Canada.