business / markets
3 hours ago

Costco Shareholders Stand Firm, Reject Anti-DEI Proposal Amidst Controversy

Costco Shareholders Stand Firm, Reject Anti-DEI Proposal Amidst Controversy
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7 Highlights
  • Costco shareholders reject anti-DEI proposal with 98% voting against.
  • The board supports diversity, contrasting with Trump's DEI program cuts.
  • Critics accuse DEI of promoting Marxist agendas, denied by Costco.
  • Chairman James states DEI aligns with Costco's values.
  • The board finds a DEI risk report unnecessary, dismissing the proposal.
  • Conference Board: less than 2% backing for anti-DEI in public companies.
  • Costco celebrates a welcoming workforce since its inception.
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