Corporate Leadership
Costco Faces Down Anti-DEI Group as Trump Stokes Backlash
- Shareholders rejected an anti-DEI proposal at annual meeting
- Costco defended its policies as ‘appropriate and necessary’
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As many American companies beat a hasty retreat from the diversity, equity and inclusion programs they once embraced, bulk retailer Costco Wholesale Corp. has become one of DEI’s few remaining public proponents.
The retailer, which is led by an overwhelmingly White, male executive team, fought off a proxy proposal Thursday from a conservative group asking Costco to detail the risks of its DEI efforts.