Ancestors

Written by mekka okereke :verified: on 2025-01-23 at 23:23

"our commitment to an enterprise rooted in respect and inclusion is appropriate and necessary."

Diverse employees and suppliers have fostered

"creativity and innovation in the merchandise and services that we offer,"

• Costco Board.

98% of Costco shareholders agreed with the board.👍🏿

Segregationists denied.

https://www.axios.com/2025/01/23/costco-dei-shareholders-reject-anti-diversity-proposal

Segregationists are going to test each and every one of you, to see where your heart is at.

If they haven't tested you already, they will test you soon.

Do you know what you are going to say?

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Written by John Ripley on 2025-01-24 at 01:00

@mekkaokereke This would mean that the largest fund managers voted against the proposal. This is interesting, because that means even the people in charge of a large fraction of the world’s wealth think DEI is a good idea.

Individuals and employees have zero (rounding error) influence in shareholder votes. The sum of all Costco insiders is something like 0.2%, and that’s likely almost all C-suite.

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Toot

Written by Chris Adams on 2025-01-24 at 01:24

@jripley @mekkaokereke a lawyer I know pointed out that the C-suites were pushing DEI classes at his clients as a protection measure against big lawsuit settlements when some manager misbehaved. I wouldn’t be surprised if that drove the fund managers, too.

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Descendants