Apple

Apple shareholders just gave a huge vote of confidence to Tim Cook

Posted On: Feb 13, 2018   |   Posted By: Business Insider

Apple shareholders just gave a huge vote of confidence to Tim Cook

Apple held its annual shareholder's meeting at its new California headquarters on Tuesday.
Apple CEO Tim Cook discussed investing in the US but provided no details.
Shareholders voted to approve all the board members for new terms, and voted against shareholder proposals seeking to make Apple form a human rights committee and to make it easier for shareholders to nominate their own slates of board directors.
Apple shareholders overwhelmingly approved management proposals and rejected shareholder proposals that the board opposed at its annual meeting, the first held on the company's new campus.
As in recent years, the vote signals that Apple shareholders giving a vote of confidence to CEO Tim Cook and Apple's overall strategy.
Four proposals backed by Apple passed, including a re-election of the board's members and a package of compensation for Apple executives.
Two proposals from shareholders were overwhelmingly rejected, including a proposal to form a "human rights committee," and a proposal to reduce the...

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