Apple Holders Push Company to Put More Minorities in Top Ranks
- Investors seek to speed recruiting of blacks and Hispanics
- Company opposes proposal, citing programs already under way
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Shareholders of Apple Inc. will again be asked to vote on a proposal urging the company to recruit more diverse executives and board members at its annual meeting later this month.
Zevin Asset Management, a Boston-based socially responsible investing firm with about $600 million under management, and Tony Maldonado, an individual investor, jointly filed the measure, which said Apple’s board and senior management "fail to adequately represent diversity and inclusion (particularly Hispanic, African American, Native American and other people of color)."