Apple Investors Defy Company and Vote for Civil-Rights Audits
- Tech giant had recommended against the shareholder proposals
- Investors reelect board and approve pay during meeting
Photographer: David Paul Morris/Bloomberg
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Apple Inc. shareholders approved outside proposals recommending audits of the company’s civil-rights impact and a public report on its use of concealment clauses in employment agreements, marking a rare instance of investors defying the tech giant.
The votes were part of Apple’s annual shareholder meeting, held virtually on Friday for the second year in a row. Investors also reelected the company’s board and approved its executive compensation plan.