Dear New Yorkers,
Last month, we launched our campaign for shareholders to #DeliverAccountability at Amazon—and the momentum is growing.
Amazon’s board has not stepped up to bring accountability and oversight that the company needs over workforce issues, and reports about worker injury rates, high turnover, and violations of freedom of association rights continue.
Now, Glass Lewis, one of the leading proxy advisory firms, recommends that Amazon shareholders vote against the re-election of Board Director Judith McGrath, who chairs the Leadership Development and Compensation Committee, at the company’s May 25th, 2022 annual meeting. In their report, Glass Lewis says the board has not appropriately addressed shareholder concerns about workplace conditions and worker safety.
On May 25th, shareholders will vote on Amazon’s board of directors and a series of shareholder resolutions including ones calling for more oversight and transparency around issues of equity and safety in the workplace.
The five NYC Retirement Funds joined State Comptroller Tom DiNapoli and Illinois State Treasurer Michael Frerichs to urge Amazon shareholders to VOTE AGAINST the re-election of two board members responsible for this oversight.
Join the campaign to #DeliverAccountability by voting against or urging shareholders to vote against Amazon directors responsible for workforce oversight.
Amazon is the second largest employer in the United States. The well-being of its workforce has a significant impact on its 1.6 million workers, the long-term success of the company—and on New York City’s pension funds, which own $1.9 billion of Amazon stock.
We have until May 25th to #DeliverAccountability at Amazon. Learn more about how you can take part in the campaign: deliveraccountability.com
With hope,
Brad
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