Amazon Shareholders Unite
Amazon Shareholder Unite for two two-way dialogues. Last summer I warned that chat rooms are the key missing ingredient at virtual shareholder meetings. Chat rooms before and after meetings would allow shareholders to interact informally with each other and with corporate representatives, as they do at in-person meetings. Virtual chat rooms would in no way overcome non-democratic obstacles, such as “Formula Swapping” at Amazon. However, chat rooms would facilitate the ability of shareholders to at least communicate in many more two-way dialogues.
Why should the company pay for a virtual room for shareholders to communicate with each other? Many view annual meetings as company meetings, not shareholder meetings. Shareholders, these meetings are you, your ability to communicate, your ability to form communities of interest and influence. Since in-person meetings are missing, we have to take matters into our own hands. Last year, we did it at Tesla. This year it starts with Amazon.
Amazon Shareholders Unite: How to Join the Discussion
A pre-Amazon AGM conference (to be held 5/6/21) will go over many of the shareholder proposals. Those attending may also want to join a Clubhouse discussion, which could get into issues beyond the shareholder proposals at Amazon.
The Main Event
Join us for a webinar on several shareholder proposals on the 2021 Amazon.com proxy. Proponents will share the rationale for proposals on at least the following:
4. Report on Customer Due Diligence (exempt solicitation)
5. Independent Board Chair
6. Reporting on Gender/Racial Pay Gaps (exempt solicitation)
7. Report on Promotion Velocity
8. Report on Reduce of Plastic Packaging (exempt solicitation)
9. Diversity and Equity Audit Report (exempt solicitation)
10. Worker Representation on Board (exempt solicitation)
11. Report on Competition and Risk
12. Special Shareholder Meetings
13. Lobbying Disclosure
14. Report on Customer Use of Certain Technologies
You must register in advance for this webinar that will start at 10 AM Pacific on May 6, 2021.
Clubhouse
A Clubhouse meeting will start 15 minutes earlier at 9:45 AM but we’ll mute at 10 and pick up after the Zoom conference. Again, space will be limited. If you want to attend email me well in advance.
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