Amazon adopts ‘Rooney Rule’ proposal for diversity in reversal – Recode

Amazon said on Monday that it would adopt a policy whereby women and people of color are included in the pool of candidates for all board openings, essentially agreeing to a hotly debated shareholder proposal it had initially opposed.

“The Amazon Board of Directors has adopted a policy that the Nominating and Corporate Governance Committee include a slate of diverse candidates, including women and minorities, for all director openings,” the company said in an SEC filing on Monday. “This policy formalizes a practice already in place.”

Source: Amazon adopts ‘Rooney Rule’ proposal for diversity in reversal – Recode

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