ROLLING BACK THE ESTABLISHMENT EVERYWHERE: How One Family Aims to Break Liberals’ Corporate Voting Power. “Roughly 400 miles from Wall Street in a small town in Pennsylvania’s Rust Belt, Jerry Bowyer, his wife and five of their children have been working around a dining room table, sifting through corporate data on hot-button issues such as abortion, DEI and climate change. Their goal: Shift more power to conservative investors at company annual meetings. And, with the 2025 proxy season kicking into gear this month, there are signs that the Bowyers are winning some converts. . . . What’s at stake may seem nerdy and arcane, but it’s nonetheless important in helping set corporate priorities. US securities law requires publicly traded companies to have an annual meeting to allow shareholders to pass muster on their business. Thousands of fund managers cast billions of votes on behalf of millions of investors on issues ranging from what executives get paid to resolutions that seek additional environmental and societal-related disclosures. Conservative-leaning groups like the Bowyer’s want to match the sway that progressives have historically had. Currently, resolutions opposing diversity, equity and inclusion programs struggle to attract more than 2% support from shareholders.”
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