CtW wants to put an employee on Google’s board – The Washington Post

CtW Investment Group, a group that works with union-sponsored pension funds, filed an unusual proposal late last year at Alphabet, Google’s parent company, that calls for the board to nominate a non-executive employee to be elected by investors as a director at next year’s annual meeting.

If the proposal ends up on the company’s proxy this year, it would likely be a first for a technology company, and one of the rare occasions when a shareholder has tried to get an employee onto a U.S. corporate board. And at a time when several 2020 Democratic candidates have sponsored legislative bills that require companies to let employees elect a percentage of directors, the filing — though considered unlikely to succeed — could garner attention.

Source: This investor wants to put an employee on Google’s board – The Washington Post

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