One of the main players is a Mayor Eric Adams appointee (Bryan Berge). Im sure their are plenty of other swamp connections.
NYC Comptroller and Pension Funds Ask GameStop to Disclose Board Demographics
New York City Comptroller Brad Lander and three of New York City’s public pension funds filed a series of shareholder proposals at gaming retail giant GameStop and energy company NextEra requesting board members disclose their self-identified race, gender, and relevant skills and attributes in a matrix format. Investors will have the opportunity to vote at each company’s annual general meeting in the next few weeks.
“When it comes to protecting shareholder interests and upholding the principles of transparent and accountable corporate governance, empowering shareholders with detailed insights into the skills, experience, and diversity of board nominees becomes paramount for sustained long-term value.” said Comptroller Brad Lander. “This underscores the broader need for transparency and genuine commitment to diversity and inclusion, ensuring a pathway to long-term shareholder value through authentic representation and equity in corporate leadership.”
These proposals are part of the Comptroller’s Office’s Boardroom Accountability Project 2.0—an initiative that began in September 2017 with the aim of setting a new standard for transparency, diversity, and inclusion on corporate boards. The project involves filing board diversity proposals at companies, engaging with the Pension Funds’ portfolio companies, and advocating for best practices in corporate governance.
Superstonk article uncovering more connections:
NYC Comptroller Brad Lander + BlackRock targeting GameStop board seats w/ a shareholder proposal under guise of diversity/inclusion
https://old.reddit.com/r/Superstonk/comments/1b9fkr1/breaking_mar_7_2024_remember_when_kenneth_c/
I doubt they can win a vote.
They are actually saying it's shareholders that would want them to let the DEI cancer in. And they are bringing this up just before the quarterly reports.
They can put it to a vote then, with all the insider shares and all the directly registered shares I doubt they can win. Shares directly registered have a full vote, all the ones in brokers only get a partial vote depending on the shorts......
Yeh They are talking about that on superstonk.
Just realized something else. Doesn't this validate them as a successful company? Article is comparing them to other large companies that have already bent over for DEI.
We might be going from "failing brick n mortar blah blah" to rayciss company ...wont do DEI reeeeee. Watch for this to be the new narrative.
I can't see this really hurting them,since they don't borrow money and their customers probably don't care. I think it's just low level FUD.