Tag: board of directors
Amazon Shareholders Reject Record 18 Proposals Amid Labor Unrest
At Amazon’s annual shareholders meeting held several days ago, investors rejected a record 18 outside proposals, indicating a strong undercurrent of dissatisfaction with the company’s operations. The company reported that a majority of Amazon’s shares voted against all these proposals.
Steve Jobs Resigns as CEO of Apple
Steve Jobs has resigned today as the CEO of Apple. In Jobs’ letter of resignation, addressed both to the Board of Directors of Apple, and the “Apple Community”, Jobs mentions an already-existing succession plan, which includes naming Tim Cook as his successor as CEO of Apple, and requests to remain on as Chairman of the Board of Apple, a director, and an Apple employee.