{"id":32168,"date":"2019-03-07T11:52:14","date_gmt":"2019-03-07T16:52:14","guid":{"rendered":"https:\/\/nationalcenter.org\/?p=32168"},"modified":"2023-12-11T16:31:16","modified_gmt":"2023-12-11T21:31:16","slug":"fep-proposal-dominates-apple-meeting-press-coverage","status":"publish","type":"post","link":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/","title":{"rendered":"FEP Proposal Dominates Apple Meeting, Press Coverage"},"content":{"rendered":"<p>While the <a href=\"https:\/\/nationalcenter.org\/programs\/free-enterprise-project\/\">Free Enterprise Project<\/a>\u2019s proposal for ideological diversity\u00a0that was <a href=\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/01\/ideological-diversity-resolution-takes-over-apples-annual-investor-meeting\/\">presented<\/a>\u00a0at last week\u2019s Apple shareholder meeting may not have passed, it did generate a significant amount of attention from both investors and the media.<\/p>\n<p>In a report by the Fox Business Network, correspondent Susan Li noted that FEP\u2019s proposal dominated Apple\u2019s meeting:<\/p>\n<div class=\"responsive-container\"><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/Vh3YBwHH1Bg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<blockquote><p>It was a 100-minute presentation \u2013 Q-and-A with [Apple CEO] Tim Cook as well. And there were a lot of proposals on the table. That includes approving the board at Apple and also executive compensation, and two shareholder proposals \u2013 one of them quite controversial.<\/p>\n<p>It was part of this, ideological diversity, that a conservative activist group brought up to the table to Apple. And what they wanted to do was to have all the board members express their political leanings\u2026 It led into a very long discussion. In fact, it probably took up most of that 100 minutes of that presentation. And people were just asking Tim Cook, once again, saying, \u201cWhere do you stand in terms of hearing different views in Silicon Valley?\u201d And Tim Cook says, \u201cWe are not for a polarized world, and we want to hear diversity.\u201d<\/p><\/blockquote>\n<p>While Cook may have said he was for hearing about diversity, the company certainly wasn\u2019t interested in abiding by FEP\u2019s proposal. They <a href=\"https:\/\/www.investors.com\/politics\/commentary\/ideological-diversity-apple\/\" target=\"_blank\" rel=\"noopener noreferrer\">fought<\/a>\u00a0it. Several other companies, by the way, have agreed to adopt the FEP proposal for ideological board diversity without a fight.<\/p>\n<p>On Bloomberg, technology correspondent Mark Gurman repeated the term Fox Business used \u2013 \u201ccontroversial\u201d \u2013 and noted Apple\u2019s opposition to it:<\/p>\n<div class=\"responsive-container\"><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/iX5BEKwdmys?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<blockquote><p>The biggest topic of discussion \u2013 whether that was from [Apple CEO Tim] Cook or different shareholders or proposals \u2013 was about diversity.<\/p>\n<p>There was one very controversial proposal that Apple actually asked shareholders to vote against that was about disclosing the political or ideological leanings of their board members. And one shareholder proposal wanted them to come out with a chart that basically indicated the political leanings of\u2026 the board members.<\/p><\/blockquote>\n<p>And even though the proposal may have failed \u2013 it was opposed by the powerful Institutional Shareholder Services (ISS), which has\u00a0<a href=\"https:\/\/nationalcenter.org\/ncppr\/2019\/02\/26\/apples-local-paper-highlights-upcoming-fep-proposal\/\">hypocritically supported<\/a>\u00a0similar proposals advocating for diversity requirements rooted in race and gender \u2013 CNET Executive Editor Ian Sherr told CBS that FEP \u201creally got the conversation going\u201d at the Apple meeting:<\/p>\n<div class=\"responsive-container\"><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/LrRmMQdPeGo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<blockquote><p>There was this conversation that flared up about how the ideological makeup of tech companies and Silicon Valley \u2013 obviously being in California \u2013 was an issue for some shareholders, and something they were worried about.<\/p><\/blockquote>\n<p>Asked if this constituted a larger problem for Silicon Valley, Sherr responded:<\/p>\n<blockquote><p>It absolutely does.<\/p>\n<p>I mean, one of the interesting things going on here is that you\u2019ve seen \u2013 for the last couple of years \u2013 a real kind of increase in the conversation about women and racial diversity and how a lot of tech companies are primarily run by white men. And this backlash is happening that\u2019s also very interesting that is coming from the conservative end. Not only driven by stuff like concern that Facebook and YouTube and Twitter might be reducing the voice of conservatives on their platforms, but also this larger conversation about: \u201cHey, the tech industry is in a blue state and a very liberal area. Maybe these people are making decisions that are having wide-ranging impacts and concerning people who don\u2019t agree with them politically\u201d\u2026<\/p>\n<p>It underscores how politics has really become a key issue in the tech industry.<\/p><\/blockquote>\n<p>FEP\u2019s proposal can be found on page 55 and 56 of the Apple <a href=\"https:\/\/d18rn0p25nwr6d.cloudfront.net\/CIK-0000320193\/4746f729-c494-4214-8586-1fbd94a25fa9.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">proxy statement<\/a>. FEP Director <a href=\"https:\/\/nationalcenter.org\/ncppr\/staff\/justin-danhof-esq\/\">Justin Danhof<\/a>\u2019s prepared statement for the meeting is available <a href=\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/03\/Apple-2019-Meeting-Statement.pdf\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the Free Enterprise Project\u2019s proposal for ideological diversity\u00a0that was presented\u00a0at last week\u2019s Apple shareholder meeting may not have passed, it did generate a significant amount of attention from both investors and the media. In a report by the Fox Business Network, correspondent Susan Li&#8230;<\/p>\n","protected":false},"author":9,"featured_media":31973,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[738,74,30],"tags":[77],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FEP Proposal Dominates Apple Meeting, Press Coverage - The National Center<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Almasi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/\"},\"author\":{\"name\":\"David Almasi\",\"@id\":\"https:\/\/nationalcenter.org\/#\/schema\/person\/986101645c65e8d001dc8de54beb396d\"},\"headline\":\"FEP Proposal Dominates Apple Meeting, Press Coverage\",\"datePublished\":\"2019-03-07T16:52:14+00:00\",\"dateModified\":\"2023-12-11T21:31:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/\"},\"wordCount\":624,\"publisher\":{\"@id\":\"https:\/\/nationalcenter.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/02\/Apple-logo.jpg\",\"keywords\":[\"ConservativeBlog.org\"],\"articleSection\":[\"AAPL\",\"Blog\",\"Free Enterprise Project\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/\",\"url\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/\",\"name\":\"FEP Proposal Dominates Apple Meeting, Press Coverage - The National Center\",\"isPartOf\":{\"@id\":\"https:\/\/nationalcenter.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/02\/Apple-logo.jpg\",\"datePublished\":\"2019-03-07T16:52:14+00:00\",\"dateModified\":\"2023-12-11T21:31:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#primaryimage\",\"url\":\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/02\/Apple-logo.jpg\",\"contentUrl\":\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/02\/Apple-logo.jpg\",\"width\":1200,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalcenter.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FEP Proposal Dominates Apple Meeting, Press Coverage\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalcenter.org\/#website\",\"url\":\"https:\/\/nationalcenter.org\/\",\"name\":\"The National Center\",\"description\":\"For Public Policy Research\",\"publisher\":{\"@id\":\"https:\/\/nationalcenter.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalcenter.org\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/nationalcenter.org\/#organization\",\"name\":\"The National Center\",\"url\":\"https:\/\/nationalcenter.org\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalcenter.org\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2018\/04\/sticky-logo.png\",\"contentUrl\":\"https:\/\/nationalcenter.org\/wp-content\/uploads\/2018\/04\/sticky-logo.png\",\"width\":278,\"height\":80,\"caption\":\"The National Center\"},\"image\":{\"@id\":\"https:\/\/nationalcenter.org\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/NCPPR\",\"https:\/\/twitter.com\/NationalCenter\",\"https:\/\/www.youtube.com\/channel\/UCFrgtYxKOBuDqXavBuK0FFA\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalcenter.org\/#\/schema\/person\/986101645c65e8d001dc8de54beb396d\",\"name\":\"David Almasi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalcenter.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/db997acbffd0a56ade08faaf0fbccb09?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/db997acbffd0a56ade08faaf0fbccb09?s=96&d=mm&r=g\",\"caption\":\"David Almasi\"},\"url\":\"https:\/\/nationalcenter.org\/ncppr\/author\/davidalmasi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FEP Proposal Dominates Apple Meeting, Press Coverage - The National Center","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/","twitter_misc":{"Written by":"David Almasi","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#article","isPartOf":{"@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/"},"author":{"name":"David Almasi","@id":"https:\/\/nationalcenter.org\/#\/schema\/person\/986101645c65e8d001dc8de54beb396d"},"headline":"FEP Proposal Dominates Apple Meeting, Press Coverage","datePublished":"2019-03-07T16:52:14+00:00","dateModified":"2023-12-11T21:31:16+00:00","mainEntityOfPage":{"@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/"},"wordCount":624,"publisher":{"@id":"https:\/\/nationalcenter.org\/#organization"},"image":{"@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#primaryimage"},"thumbnailUrl":"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/02\/Apple-logo.jpg","keywords":["ConservativeBlog.org"],"articleSection":["AAPL","Blog","Free Enterprise Project"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/","url":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/","name":"FEP Proposal Dominates Apple Meeting, Press Coverage - The National Center","isPartOf":{"@id":"https:\/\/nationalcenter.org\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#primaryimage"},"image":{"@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#primaryimage"},"thumbnailUrl":"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/02\/Apple-logo.jpg","datePublished":"2019-03-07T16:52:14+00:00","dateModified":"2023-12-11T21:31:16+00:00","breadcrumb":{"@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#primaryimage","url":"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/02\/Apple-logo.jpg","contentUrl":"https:\/\/nationalcenter.org\/wp-content\/uploads\/2019\/02\/Apple-logo.jpg","width":1200,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/nationalcenter.org\/ncppr\/2019\/03\/07\/fep-proposal-dominates-apple-meeting-press-coverage\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalcenter.org\/"},{"@type":"ListItem","position":2,"name":"FEP Proposal Dominates Apple Meeting, Press Coverage"}]},{"@type":"WebSite","@id":"https:\/\/nationalcenter.org\/#website","url":"https:\/\/nationalcenter.org\/","name":"The National Center","description":"For Public Policy Research","publisher":{"@id":"https:\/\/nationalcenter.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalcenter.org\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/nationalcenter.org\/#organization","name":"The National Center","url":"https:\/\/nationalcenter.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalcenter.org\/#\/schema\/logo\/image\/","url":"https:\/\/nationalcenter.org\/wp-content\/uploads\/2018\/04\/sticky-logo.png","contentUrl":"https:\/\/nationalcenter.org\/wp-content\/uploads\/2018\/04\/sticky-logo.png","width":278,"height":80,"caption":"The National Center"},"image":{"@id":"https:\/\/nationalcenter.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/NCPPR","https:\/\/twitter.com\/NationalCenter","https:\/\/www.youtube.com\/channel\/UCFrgtYxKOBuDqXavBuK0FFA"]},{"@type":"Person","@id":"https:\/\/nationalcenter.org\/#\/schema\/person\/986101645c65e8d001dc8de54beb396d","name":"David Almasi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalcenter.org\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/db997acbffd0a56ade08faaf0fbccb09?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/db997acbffd0a56ade08faaf0fbccb09?s=96&d=mm&r=g","caption":"David Almasi"},"url":"https:\/\/nationalcenter.org\/ncppr\/author\/davidalmasi\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/posts\/32168"}],"collection":[{"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/comments?post=32168"}],"version-history":[{"count":6,"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/posts\/32168\/revisions"}],"predecessor-version":[{"id":32311,"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/posts\/32168\/revisions\/32311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/media\/31973"}],"wp:attachment":[{"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/media?parent=32168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/categories?post=32168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalcenter.org\/wp-json\/wp\/v2\/tags?post=32168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}