Amazon Shareholder Meeting: Selipsky Cashes In, Human Rights Concerns, AI, More
There’s a lot on the docket when investors vote April 24.
Curious how much Amazon wants to boost Amazon Web Services’ CEO’s pay? Or how it’s responding to allegations of the cloud computing provider’s involvement in human-rights violations? The annual Amazon shareholder meeting will address those issues and many more later this month.
Scheduled for April 24, the gathering will serve as a chance for anyone who holds the company’s stock to vote on a number of matters. Those include executive compensation amounts and whether to commission a report on AWS and human rights concerns.
All in all, there are 18 shareholder proposals on deck for the Amazon shareholder meeting. That’s a record number, surpassing 2022’s total of 15. The majority come from investors focused on environmental, social and governance issues. Importantly, one of those takes direct aim at alleged human-rights violations within AWS stemming from because of government contracts.
In advance of the 2023 Amazon shareholder meeting, CEO Andy Jassy has crafted an 88-page letter to anyone who holds the company’s stock. Amazon also filed its annual Proxy Overview detailing which items will require votes and discussing other important matters.
In the slideshow above, we cover all the hot topics in Jassy’s letter and the Proxy Overview as the latest Amazon shareholder meeting looms.
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