Walmart Plans Family Succession As Low-Wage Worker Plea Voted Down At Meeting
At Friday’s Walmart annual meeting, workers and shareholders were treated to the usual blend of incongruity and spectacle. As expected, each shareholder proposal presented at the meeting was voted down thanks to the Walton family’s 51% stake in Walmart, amounting to a veto. Givens-Thomas flew into Arkansas from Chicago where she’d been on strike. She told the audience that she can’t afford to provide for her family on Walmart wages. Once this and two other shareholder proposals were voted down, 69-year-old Rob Walton took to the stage to announce some succession planning business
“Walmart Plans Family Succession As Low-Wage Worker Plea Voted Down At Meeting” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.