Reuters: SEC says Amazon should allow shareholder vote on gender pay

Amazon.com Inc (AMZN.O) should allow shareholders to vote on a proposal on gender pay equality, the U.S. securities regulator decided this week in rejecting the retailer’s request to omit the measure from its annual ballot.

Arjuna Capital, the activist arm of investment firm Baldwin Brothers Inc, said it submitted the proposal to Amazon and eight other technology companies, including eBay Inc (EBAY.O) and Intel Corp (INTC.O).

Only Amazon sought permission from the Securities and Exchange Commission to omit the proposal, Arjuna said.

 

Read the rest of the article at Reuters.

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