Apple shareholders reject proposals from conservative groups

FILE PHOTO: The logo of U.S. technology company Apple is seen at a branch office in Basel, Switzerland March 2, 2020. REUTERS/Arnd Wiegmann/File Photo


(Reuters) – Apple Inc (NASDAQ:AAPL) shareholders on Friday rejected two shareholder proposals put forth by conservative U.S. groups focused on scrutinizing the iPhone maker’s inclusion and diversity policies and its ties to China.

Shareholders also approved the company’s executive pay packages. The approval comes after the company reduced Chief Executive Officer Tim Cook’s pay and made it more dependent on stock performance.


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