💥 BREAKING: The Heritage Foundation withdrew its anti-DEI proposal to IBM for shareholder vote today, originally

[applegrove]

https://bsky.app/profile/nancylevinestearns.bsky.social/post/3lnxspvzhdc2u

Nancy Levine Stearns:

💥 "BREAKING: The Heritage Foundation withdrew its anti-DEI proposal to IBM for shareholder vote today, originally submitted for vote at IBM's annual meeting. Why Heritage withdrew its anti-DEI proposal is unknown.

Earlier today, shareholders at American Express voted to reject an anti-DEI proposal".

[SARose]

1. That's the way!

Folks everywhere are tired of this bs. Good on ‘em!

[NCDem47]

2. Backlash to the DEI-backlash is underway.

We've had ENOUGH!

[maxsolomon]

4. Why are they presenting a proposal to the Shareholders?

Are they Shareholders? They probably are - so they can pull this shit.

[LiberalArkie]

5. Probably own a couple of shares like they did with Apple and Costco.

The Boards of those companies said put it to a vote. We are not going to get rid of DEI unless the stockholders agree. The boards did not want to and recommended the issues be voted down.

[wolfie001]

6. What a shit organization that is

Completely worthless and un-American. Nothing they participate in is a net positive. They just embolden white racists.

[DENVERPOPS]

7. How does this figure in?

BLACKROCK........

https://www.democraticunderground.com/100220279429

[calimary]

8. What happened? It stunk too bad even for them?

[Ilikepurple]

9. Maybe they figured it would lose at shareholders' meeting?

Optics is part of what they do and it’s hard to be seen as “winning” on this issue if they keep losing? It’s better to not have the vote at all than lose at the Big Blue.

[Montauk6]

10. No leverage?