Apple Shareholders Reject Bid to End Diversity Programs
Apple shareholders rejected a proposal by the National Center for Public Policy Research to end the company’s diversity, equity, and inclusion (DEI) initiatives. The proposal, mirroring similar unsuccessful attempts at other companies, argued that DEI programs are harmful to business and expose companies to legal risks. Apple’s management defended its commitment to diversity, citing its positive impact on the company’s culture and success. Despite this vote, Apple acknowledged the evolving legal landscape and suggested potential future adjustments to its DEI program. The rejection follows a recent lawsuit against Target over similar DEI initiatives.
John Q. Hosedrinker