A small group of Apple investors think the company isn’t doing enough to improve its racial and gender diversity quotas, and suggest that Apple needs to step up its pace.
For the second time, investor Tony Maldonado has filed a shareholder proposal asking Apple to, “adopt an accelerated recruitment policy … to increase the diversity of senior management and its board of directors.”
It’s time for us to use our favorite headache-inducing gif again as Apple has released its latest set of diversity figures, showing how Apple’s push toward a more representative diverse company is coming along.
The results? That white males continue to dominate the upper ranks of the company, but further down the ladder things are changing much faster — and 54 percent of new hires in the U.S. come from minority backgrounds.
Apple’s iPhone 7 keynote only featured about eight minutes of stage time for women, but after being confronted about its lack of diversity, the company says its definition of the subject is a lot more flexible than normal apparently.
According to an Apple spokesman, both Canadians and British citizens should be counted as a sign of how diverse the iPhone maker is, even though most of the people of color and women that shared the stage don’t actually work for Apple.
Apple’s workforce became a little bit more diverse in 2016 according to the company’s annual Inclusion and Diversity report that was published today, revealing that minorities made up 54 percent of new U.S. hires.
The company is also hiring more women than ever and says it is finally paying women equal wages, and will continue to analyze the salaries, bonuses and annual stock grants of all employees worldwide to solve the gender pay gap once and for all.
Apple CEO Tim Cook continues to take fire over the company’s lack of diversity, the mostly white, male makeup of management described by one investor last year as a “bit too vanilla.”
Women’s rights activist Cherie Blair chose words Wednesday with a little more bite. The British barrister and wife of the former prime minister Tony Blair called Cook “so shortsighted” in Apple’s seemingly less-than-urgent effort to add more women to leadership.
Apple’s U.S. workforce is a bit more diverse than it was a year ago, but still predominantly white and male, suggests the most recent EEO-1 Federal Employer Information report.
According to newly-released figures, roughly 30 percent of Apple’s U.S. employees are female, around 8.6 percent are African-American, and 11.7 percent are hispanic or Latino. That’s marginally up from 29 percent female, 8 percent African-American, and 11.5 percent hispanic and Latino in 2014.
Apple could be forced to add more non-white executives and directors, due to a proposal put forward by an investor who thinks the current makeup of Apple execs is “a little bit too vanilla.”
The possible pro-diversity push was reportedly prompted after the son of investor Antonio Avian Maldonado II, who owns just 645 Apple shares, asked why nearly everyone on Apple’s board of directors was white.