[CFW]

Is the tide starting to turn on the activist's influence on corporate businesses? Are some of these companies seeing the effect that promoting DIE policies instead of their product has had on Disney, A/B and Bud Light?

We shall see if Kellogs continues to take a strong stand against the activists and in favor of their share-holders and dismiss the left's continued calls for "equity". Maybe if just a few more companies will join them, the DIE departments' influence will just whither away and eventually disappear.

[Hartlyboy]

Sounds like the proposal wanted an investigation into how the company policy was impacting the bottom line by being so woke. Shareholders apparently voted that down. No victory here for common sense.

[sten]

Corporations either publicly embrace merit as the only measure of value when it comes to hiring, promotions, and bonuses or they’ll be forever under siege by the woke left until a controlling majority, or more, of the corporations management is controlled by their voting base.

[jeffc]

“Shareholders deserve an investigation into whether Kellogg’s DEI policies are conflicting with the company’s fiduciary duty to maximize value,”

All businesses should do this. How else do they know what's good and not good for the company?

[Altura Ct.]

that may discriminates against “non-diverse”white employees

[livius]

Reread the complicated (and confusingly written) article. The board doesn’t want to hear about the possible negative impact of these DEI policies being implemented by Kellog.

[Varda]

Activists buy voting shares of targeted businesses then enact leftist policies through the board. This happened to McDonald’s years ago. Another source of buying voting shares to target business is through retirement funds and investment funds (leftist stock managers).
Most conservatives don’t put their money where their mouth is. Leftists work toward their political goals. It’s why liberals are winning in a cakewalk.

[vivenne]

Maybe their shareholders are since they get to vote on proposals.