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Amazon shareholders vote against investor-led proposals – Metro US

Amazon shareholders vote against investor-led proposals

FILE PHOTO: Amazon’s logistics center in Bretigny-sur-Orge, near Paris
FILE PHOTO: Amazon’s logistics center in Bretigny-sur-Orge, near Paris

NEW YORK (Reuters) – Amazon.com Inc shareholders on Wednesday voted against all 15 investor-led resolutions that challenged the company’s policies – including its use of plastics and certain concealment clauses in contracts – at the company’s annual meeting.

Investors voted for proposals to approve executive compensation, board members and a stock split.

The boost in the number of resolutions, which Amazon recommended investors vote against, comes as tech company shareholders push for more transparency on social issues such as pay equity, workplace culture and safety, and sustainability practices.

(Reporting by Arriana McLymore in New York; Editing by Matthew Lewis)

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