MDB Capital President and the main marketing strategist Lou Basene will join “Cavuto: Coast to Coast” to discuss the recent Disney turnover.
Seeking a proposal of a shareholder for Disney In order to re -consider participating in the Enterprise Equality Index of the Human Rights Campaign (HRC), the vote on Thursday at the annual meeting of the entertainment giant – and shareholders voted widely against it.
Disney has long been a participant in the Equality Index, which HRC describes as “a national benchmarking tool on corporate politicians, practices and benefits related to lesbian, homosexuals, bisexual, transgender and queer employees” for the last time for this year's index.
Only 1% of the shareholders voted to support Disney's proposal to stop participating in the HRC corporate equality index, according to the preliminary announced Thursday.
Entry to Walt Disney studies in Burbank, California 6 August 2018. (Lucy Nicholson / File / Reuters Photos)
This year, more than 1,400 companies included a survey of the company equality index, HRC said.
The Council for the entertainment giant recommended by the SEC and Stock Exchange Commission (SEC) for its shareholders to “vote against this proposal”, which led to the shareholders.
Among the reasons why the Disney Council set its attitude, it was her belief that “it does not provide any other value to shareholders” and that the company “provides transparency in a wide range of matters important to shareholders, including participation in external surveys”.
National The Public Policy Research Center has submitted the proposed measures to withdraw from the HRC index.
Disney Disney Printed 3D is seen in front of the ESPN+ logo on this illustration from July 13, 2021. (Dado RUVIC/Illustration/File Photo/Reuters)
He argued that Disney's involvement in such dividing political issues was alienated by the audience segments and damaged the company's share. It urged investors to support the proposal, which is said to “move back to neutral”.
HRC has seen that some companies with a big name have retreated from their equality equality index, including Ford, Harley-Davidson and Lowe's.
Disney shareholders also handed over their voices to several other items at the annual meeting.
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Each of the directors of the entertainment giant gained re -election for his advice. His council consists of James Gorman, Mary Barra, Amy Chang, Jeremy Darroch, Carolyn Everson, Michael Froman, Bob eger, Maria Elena Lagomasino, Calvin McDonald and Derica Rice.
| Ticker | Security | Last | Conversion | Change % |
|---|---|---|---|---|
| DIS | Walt Disney Co. | 99.47 | +0.62 |
+0.63% |
The shareholders rejected the proposal to publish a report publishing how retirement investments protect the recipient of the plan from investing in high -carbon companies.
Investors voted against the proposal called Disney to issue a report to evaluate how they evaluate the risks related to the discrimination of buyers or retailers on the basis of their political or religious views.
The Walt Disney Company logo is displayed on the smartphone screen. (Jaque Silva/Soup Images/Lightrocket via/Getty Images)
Disney investors also rejected the proposal that called on society to adopt politically neutral policies and.
Shareholders As of January 21st, according to Disney Proxy's statement, it was eligible to hand over voices at an annual meeting.
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An annual meeting took place about a month and a half after the release of Disney its financial results for the first quarter.
The entertainment giant generated revenues of $ 24.96 billion during the first quarter of the fiscal year 2025. Meanwhile, his net income cost $ 2.55 billion.
Reuters contributed to this report.
