Statement in Opposition to the Stockholder Proposal
GameStop does not set specific minimum qualifications for nominees for director and does not have a policy regarding the consideration of diversity for such nominees. We do not believe diversity, whether of gender, race/ethnicity or any other criteria, is a meaningful basis by which to identify and assess the qualifications of director nominees nor do we seek director nominees purely for the sake of diversity. Instead, we seek nominees for director who possess business acumen, high integrity, an ownership mentality, and a deep genuine interest in GameStop. Our Board is composed of individuals who exhibit these traits.
THE BOARD UNANIMOUSLY RECOMMENDS THAT STOCKHOLDERS VOTE AGAINST PROPOSAL 4 —THE STOCKHOLDER PROPOSAL REQUESTING A BOARD SKILLS AND DIVERSITY MATRIX. PROXIES SOLICITED BY THIS PROXY STATEMENT WILL BE VOTED AGAINST THIS PROPOSAL UNLESS A VOTE FOR THE PROPOSAL OR ABSTENTION IS SPECIFICALLY INDICATED.
https://gamestop.gcs-web.com/sec-filings/sec-filing/defa14a/0001193125-24-125072
Superstonk thread discussing this:
https://old.reddit.com/r/Superstonk/comments/1ch2h8g/sec_filing_gamestop_corp/
More info on the shadiness surrounding this "proposal 4":
We have the directors that we need. By pushing for someone we don’t know or want, we could end up with someone that might be trying to undermine the company such as Boston Consulting Group, BCG and they try to get inside info to destroy a company and make it go bankrupt.
This is exactly it. Using "diversity" as a trojan horse to get bad actor(s) appointed to the Board of Directors.
You mean the orange hairs lesbian who’s never played a video game or even bought a used game but she’s sure she can improve the GameStop experience.
Not exactly... it's like Richone said, they want to get corrupt hedge fund criminals appointed to the BoD. Think Boston Consulting Group people.
Ahhh BCG 💩!
Its a bit of both. But yes it was definitely Hedge Funds plotting to snake their way into the secretive inner sanctum of the GME board of directors. This post explains the shadiness surrounding this "proposal 4".
https://old.reddit.com/r/Superstonk/comments/1chairj/53_days_ago_on_mar_7_2024_we_caught_the_gme_naked/
It also shows they are not part of the BlackRock/Vanguard/MegaCorp swamp. They dont answer to the "forced behaviors" mob.
CancelThisClothingCo did a very important video about this MegaCorp that controls everyone else (DJT/DWAC is likely also not under MegaCorp, but that merger happened after this video was made).
https://twitter.com/Cancelcloco/status/1747023692373364825
Project Veritas directors enter the chat.