National Legal and Policy Center (NLPC) has submitted a shareholder proposal to Alphabet, the parent company of Google, addressing the issue of sexual harassment. Last week, Google announced that it would end its policy of requiring mandatory arbitration for sexual harassment claims. The move apparently prompted similar actions by Facebook, eBay and Airbnb.
The Alphabet annual meeting is expected to take place in June. We hope that the company will embrace our resolution to demonstrate its commitment to dealing with this problem. If the company does not support it, we call upon fellow shareholders to act.
NLPC sponsors the Corporate Integrity Project. Here is the text of the resolution and supporting statement:
WHEREAS, Company executives have aggressively allied themselves with a variety of progressive social and political causes at the same time sexual harassment is alleged to be a serious problem within the Company by many of the Company’s own … Read More ➡
On the same day an Associated Press survey of its member editors determined that workplace sexual harassment was the No. 1 story of 2017, Google’s corporate parent company Alphabet said its CEO, Eric Schmidt, will leave as chairman of its board of directors.
The development comes as Google became the subject of a recent report about corporation-wide mistreatment of women, accompanied by heightened scrutiny of Schmidt’s increasing reputation as a “womanizer.”
According to the New York Post, “news outlets have been sniffing around Schmidt’s former flames looking for a Harvey Weinstein-like bombshell,” but an anonymous source said “there is no sexual harassment.” A Google insider told the newspaper all his relationships have been “consensual” and that there are no settlements from the company to keep things quiet.
Nonetheless Schmidt’s exploits sound positively (Matt) Lauer-esque, with a “marriage” reminiscent of the separate lives existence of Bill and Hillary … Read More ➡
After saying shortly after the inauguration that he expected Donald Trump to do “evil things,” Alphabet (parent company of Google) executive chairman Eric Schmidt was back with another rant earlier this month about the president.
This time the adjective addressed intellect rather than malevolence. Schmidt seized an opportunity to vent at MIT’s Computer Science and Artificial Intelligence Lab, bemoaning limits on special visas for foreign workers in “special occupations,” mainly high-tech fields. But the target of his frustration wasn’t just the president.
“I spent the last 20 years announcing that the single stupidest policy in the entire American political system was the limit on H-1B visas,” Schmidt said. “I have recently been trumped (pun apparently intended) by an America where you take the highly legal and highly technical people of seven countries … and you keep them trapped at JFK so our lawyers can spring them out.”