Microsoft CEO Satya Nadella

Microsoft shareholders are voting on a proposal to pave the way for a non-management employee to join the company’s board of directors.
The proposal cites a “strained” relationship with Microsoft employees over Microsoft’s “alleged failure to curtail gender discrimination and sexual harassment,” the company’s relationship with ICE and a military contract to develop augmented reality headsets for soldiers that one group of employees said “crossed the line into weapons development.”
Voting on the proposal comes after about 150 employees at Microsoft-owned Github recently signed an open letter asking the company to cancel its contract with ICE. A small group of employees have even resigned over the contract, as recently as Tuesday.
Microsoft’s board recommended shareholders vote against the proposal, saying it undermines the company’s board selection process and makes the board less independent.
Microsoft is likely to share preliminary results of the vote during the company’s annual meeting on Wednesday morning.
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As more employees quit Microsoft-owned Github over the company’s contract with Immigration and Customs Enforcement, Microsoft shareholders are voting on a proposal that would give employees more power over company decisions.

A proposal was filed ahead of Microsoft’s annual shareholders meeting on Wednesday to pave the way for a non-management employee to join the company’s board of directors. The proposal cites a need for greater employee representation on the board amid backlash over the company’s government and military contracts and alleged gender discrimination and sexual harassment.

Microsoft didn’t disclose who was behind the proposal in the company’s October proxy, but it became clear in a securities filing on Monday that it was submitted by a Boston-based activist investment firm called NorthStar Asset Management, which owns more than 75,000 Microsoft shares.

“We look at employee disenfranchisement and are concerned particularly about Microsoft … there …read more

Source:: Business Insider

      

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