GameStop Investors Vote Down Board Diversity Disclosure Proposal

June 17, 2024, 5:03 PM UTC

GameStop Corp. shareholders on Monday rejected a proposal urging the video-game retailer to disclose the gender, racial, and ethnic makeup of its board alongside the skills each director brings.

New York City Comptroller Brad Lander, who oversees city employees’ retirement funds, submitted the board diversity reporting bid that investors voted on at GameStop’s annual meeting. The meeting was originally scheduled for June 13 but was postponed until Monday after technical glitches. The highly anticipated investor gathering came amid major swings in the company’s stock price in recent weeks, along with buzz over stock trader Keith Gill, known online as ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.