GameStop Board (GME) tells SEC they arent interested in diversity hires. They are voting against woke DEI requirements. If you dont vote its fine...your non-vote will default to "DEI can eat a bag of dicks" - The Great Awakening

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GameStop Board (GME) tells SEC they arent interested in diversity hires. They are voting against woke DEI requirements. If you dont vote its fine...your non-vote will default to "DEI can eat a bag of dicks"

posted 236 days ago by AllMostThere 236 days ago by AllMostThere +215 / -0

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":

https://old.reddit.com/r/Superstonk/comments/1chairj/53_days_ago_on_mar_7_2024_we_caught_the_gme_naked/

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– AllMostThere [S] 16 points 236 days ago +16 / -0

Abstentions (if any) will have the same effect as a vote “against” this proposal. Broker non-votes (if any) will have no effect on this proposal because they are not entitled to vote on this proposal.‘

This means if you don't vote, you will automatically have voted against any DEI requirements.