Amazon’s board adopts shareholder-backed diversity proposal

Late last year, following the resignation of Amazon Studios head Roy Price amid allegations of sexual harassment, investor coalition CtW Investment Group sent a letter to Jeff Bezos and the rest of Amazon’s board demanding greater action to address diversity, inclusion, representation, and equity issues. In March, CtW introduced a shareholder resolution with the same demands, though these proposals were non-binding, according to reporting from The Street.

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