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Shareholders: Consider voting against Tim Cook for Apple's Board (lemmy.world)
submitted 9 months ago by to c/apple_enthusiast@lemmy.world
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With Tim Cook’s persistent support of the Trump administration and mealy mouthed finger-wagging regarding ICE, consider joining me and others in voting against TIm’s position on Apple’s board of directors.

Screenshot from Craig Hockenberry (@chockenberry@mastodon.social) I'm under no pretense that voting against 1b will make any difference in the company's direction, but it sure felt right. If you're an Apple shareholder, consider voting against Tim Cook at this year's meeting. Takes less than a minute to do online and if enough smaller investors do, it sends a message that there are some things that are a hell of a lot more important than money.
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[–] [S] 1 point 9 months ago* (2 children)

You understand that the public own the stock of publicly traded companies, right?

Not the CEO. Not the Board of Directors.

They already sold the company and got all the money they’re getting at the IPO.

ETA (preemptively): Yes; I’m sure they do. As members of the public. Not in their roles as CEO or BoD members.

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  • [–] 3 points 9 months ago

    CEO pay is frequently in stock.

    The truth is, neither of those options is right. You selling your stock will have no measurable impact. You voting against the majority shareholders will have no measurable impact. More than 50% is held by just a handful of people. They are who need to be convinced.

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