[Angela Jackson] said she wanted to see the company lead by making a more robust business case for the programmes. “They’ve made the right moves. The one step they could go further… is to really say, 'Yes it’s our values, we believe it’s the right thing to do, but it’s also an economic imperative.”
Cook’s statement about “needing to make some changes to comply”, while not indicating any immediate changes, is setting the stage for future compromise, not a principled defense of its policies.
That was after already declaring their stance on DEI and receiving pushback. It was merely a way to shut up their largest shareholder, Vanguard. The economic imperative was a way to try and convince them that it’s in the best interest of protecting the business against lawsuits to maintain the practices in place. That fell on deaf ears.
If you own even one share of Apple stock, you can live stream the shareholder meetings. It went back and forth until it was clear that Tim had to say something to move on, but as it says in the article, he committed to nothing tangible.
I read that part and also this one:
Cook’s statement about “needing to make some changes to comply”, while not indicating any immediate changes, is setting the stage for future compromise, not a principled defense of its policies.
That was after already declaring their stance on DEI and receiving pushback. It was merely a way to shut up their largest shareholder, Vanguard. The economic imperative was a way to try and convince them that it’s in the best interest of protecting the business against lawsuits to maintain the practices in place. That fell on deaf ears.
If you own even one share of Apple stock, you can live stream the shareholder meetings. It went back and forth until it was clear that Tim had to say something to move on, but as it says in the article, he committed to nothing tangible.