Thread regarding Nike Inc. layoffs

Shareholder Proposals

https://www.propublica.org/article/nike-shareholders-annual-meeting-climate-worker-protections

"Every one of the 18 Nike shareholder proposals to reach a vote since at least 1996 has been rejected, according to news archives and securities filings reviewed by ProPublica and The Oregonian/OregonLive. As in past meetings, Nike’s board of directors — the majority of whom are selected by a holding company for co-founder Phil Knight’s stock — opposes this year’s measures."

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| 745 views | | 1 reply (September 7, 2024) | Reply
Post ID: @OP+1unBoX2v

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Look at the ownership structure of Nike stock. PK owns the majority of Nike’s voting rights. Unless he wants something changed, it’s not going to happen. This includes JD as CEO.

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Post ID: @1dol+1unBoX2v

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