BERNIE SANDERS WILL CRASH WALMART SHAREHOLDER MEETING TO ADVOCATE FOR WORKERS [View all]

[Uncle Joe]

(snip)

The Vermont Senator and 2020 presidential candidate has said he will crash the annual meeting next month to introduce a shareholder proposal that gives hourly Walmart workers a seat on the board of directors of the giant retail company. Walmart currently employs about 1.5 million employees, the vast majority of which are hourly workers.

“These workers need and deserve a seat at the table,” Sanders told The Washington Post. “If hourly workers at Walmart were well represented on its board, I doubt you would see the CEO of Walmart making over a thousand times more than its average worker."

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"At a time of deepening racial and economic divide and insecurity, hourly associates can guide a more fair, inclusive and equitable corporate ecosystem that bridges differences,” said the official proposal, filed by Walmart employee and leader of workers’ rights organization United for Respect, Cat Davis. Sanders will attend the event as a proxy for Davis.

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Sanders’ proposal to Walmart is unlikely to pass. Shareholders have never voted in favor of an employee proposal.

https://www.newsweek.com/bernie-sanders-walmart-1432083