Wednesday, February 15, 2017

Apple Again Resists Shareholder Call For Greater Diversity

What are your thoughts on this? On one hand, everyone wants a more diverse company. On the other hand, is it good for activist investors to be calling the shots in the boardroom?

Maldonado says Apple is leaning too heavily on retail stores to improve its diversity figures while doing little at the senior level (82 percent of Apple’s leadership is white, versus only 56 percent of its retail employees). If that practice continues, Maldonado fears it’ll hurt Apple’s business in the years to come […] Maldonado adds that failing to hire more diverse talent could hurt Apple’s decision-making abilities when it comes to different areas of the world.