Into the handling of alleged misdeeds by Bill Gates. The company’s policy on sexual harassment. As Microsoft prepares for its annual shareholder meeting later this month, shareholders are seeking additional information about policies that they say enabled alleged sexual misconduct of co-founder Bill Gates.
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The proxy company Glass Lewis was calling for the dismissal of John Thompson, one of directors for the company, The Times of London reported on Saturday. Thompson was in charge of an investigation into Gates’s alleged behavior, according to the report.
Arjuna Capital, an investment company has announced in June it would include the resolution of shareholders to this year’s proxy. This resolution seeks an independent and transparent inquiry into allegations of gender discrimination within the company and sexual harassment.
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The text of that proposed resolution reads: “Reports of Bill Gates’ inappropriate relationships and sexual advances toward Microsoft employees have only exacerbated concerns, putting in question the corporate culture established by the top leaders, and the role of the board in holding accountable those who are responsible.”
It added: “Investors are concerned Microsoft may be facing the threat of a culture of sexual harassment, which could put at risk Microsoft’s ability to attract and retain the best talent.”
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Arjuna has also demanded the publication of “any independent investigation of executive-level allegations, including recent Gates’ allegations.”
In the proxy materials for shareholders, Microsoft advised shareholders to oppose the resolution, stating that the resolution could duplicate existing measures.
Microsoft will release an annual report that details its policies on sexual harassment and discrimination against women Microsoft said.
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The company said that “This reporting will significantly address some of the issues highlighted in the shareholder’s proposal.” “Microsoft does not tolerate harassment or discrimination.”
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Investors will be able to voice their opinion during the annual meeting of the company on the 30th of November.
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The actions of investors came amid a series of reports of alleged misconduct by Gates during the years preceding his high-profile divorce from Melinda French Gates.