Corporate ethics watchdog National Legal and Policy Center (NLPC) filed an exempt solicitation with the U.S. Securities and Exchange Commission (SEC) on Wednesday that urged fellow Apple shareholders to vote against Al Gore as a director nominee at Apple’s 2023 Annual Meeting of Shareholders on March 10th.
The NLPC states that Gore is not qualified for his role on Apple’s BoD and that “his political activism poses to Apple a reputational risk that is not worth his limited skill set.”
“Al Gore was never qualified to serve on Apple’s board in the first place, so for him to last for over 20 years is absurd,” NLPC’s Corporate Integrity Project Director Paul Chesser told FOX Business. “The only credentials he had, or has ever had, that meet any of Apple’s questionable criteria was that he’s been a Chicken Little for global warming. That term was so discredited that it’s now called ‘climate change.’ And so many of his other prophecies of doom have been proven untrue that he should be considered a false prophet.”
“Time has proven that whatever credibility Al Gore might have had is totally shot, and he belongs nowhere near any company’s board of directors,” Chesser said. “Apple shareholders should oppose his renomination.”
The NLPC also filed a separate exempt solicitation that urged Apple shareholders to oppose re-upping CEO Tim Cook to the board of directors, and NLPC is sponsoring a shareholder proposal that asks Apple to disclose more fully its risks of doing business — and the extent of its supply chain — in China.
MacDailyNews Take: We have never voted, nor will we ever vote, for Al Gore in the Election of Directors. We’d prefer more tech-oriented directors. Gore’s position is simply a charity seat atop a mountain of Apple options as a salve after an election loss over two decades ago.
Corporate Goverance Institute:
Apple’s non-executive directors each receive approximately $250,000 worth of restricted stock units per year. Non-executive directors also receive an annual cash retainer of $100,000.
The board’s chair at Apple gets an additional $200,000; the audit committee chair receives an additional $35,000; the compensation committee chair receives an extra $30,000; and the nominating committee chair receives an additional $25,000.
Non-executive directors also get every new Apple product for free on request and purchase more at a discount.
We have never voted for Tim Cook in the Election of Directors nor will we vote for any subsequent Apple CEO in the Election of Directors. A CEO should not be on the BoD; too many conflicts of interest. – MacDailyNews, February 28, 2022
MacDailyNews Note: The NLPC’s proxy memorandum urging Apple shareholders to vote against Al Gore’s 21st term on Apple’s Board of Directors is here.
The NLPC’s proxy memorandum urging Apple shareholders to vote against Tim Cook’s 12th term on Apple’s Board of Directors is here.
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Al Gore is a charlatan and a hypocrite. He and Tim Cook are two peas in a pod. Vote NO for each, Apple shareholders!
At the time, Gore was good for one thing: Getting enviro wacko’s off Apple’s back. That’s all he’s been there for. That time is past. Time to go Gore.
the attack on Al Gore and Tim Cook sounds more like a political attack than an attack on their actual qualifications.
And Tim Cook has proven to be one of the best performing CEO’s in the world.
Duh, you think? Team MAGA won’t be satisfied until Earth looks like Giedi Prime and “teh gays” are pushed back in the closet.
You are proof that libturds are mentally defective
Not a political attack, a COMPETENCY REASSESSMENT one for charlatan and the other in an east chair.
In the past week, Cook was voted the 10th worst overpaid CEO and his salary cut. Did you miss that?
Riding the iPhone gravy train, a product introduced in 2007 generating the lion share of Apple profits year after year, means NOTHING — no special CEO talent required…
Well since Total_Fail_Trump is old irrelevant news, they have to have a new bogeyman here at MDN. And that means anything to do with Tim Cook. If there is no direct tie in with liberals the pond life here will do their best with added homophobia. And they have.
I’ll say one thing, for sure they are Olympic level moaners along side their other negative, antisocial delusions of relevance in a changing world. Left behind and miserable. They have no idea what they really want.
As a share holder, I vote against those two every year.
No on Gore due to incompetence and no real value to the company or board. With Cook it is the issue of conflict of interest being CEO and on the board. I can live with Cook but not with Gore (charlatan).
Totally agree.
Besides the VP slot on his CV…and the fact he uses Apple products–that assisted him making the movie proclaiming we have “10 yrs remaining,” (made in ’06…therefore we’ve evaded the G Reaper 7 yrs now)–he has no real life experience for being on the AAPL Board. I will say, he’s a very talented bloviator (and as mentioned above, he may have keep the Enviro Nuts off Apple’s back). Early on, his “solution” to THE Crisis was ONLY, changing light bulbs in your house…affirming he’s a real wizard re: problem solving. His recent bloviation at the WEF Conf. displayed he might be experiencing A Crisis himself. He ranted like a person not well.
Though Cook’s politicization of the CEO position is not beneficial, he’s can’t go too far astray as he seeks to find solutions with the China fiasco (he’s misread). He is an excellent manager, otherwise, imo.
Gore is a bore. The kind of faulty product you’d return to the store. If only he knew how useless he is, his jaw would hit the floor. Blood and gore, Al can’t score Gore, he’s richer than he is poor, but at his core, Gore is a wh*re.
Thanks for the info. My few thousand votes against Gore are decided.
He says:
“That term was so discredited that it’s now called ‘climate change.’”
The terms Global Warming and Climate Change have always been used at the same time because they refer to different things. In simple terms, Climate Change refers to the measurement in the changes caused by warming.
He, and many others here, also have no idea what a board of directors is for and how they work. They just want everyone to agree with their narrow minded views.
thinking of giving up on this hot mess of a site due to the biased editor and some of the ignorant commenters.
emo.O, please take your leftist viewpoints and frick the frack off. Dumb nunts like you are the ones that voted Bidenentia into office, but you’re tooooo dummmm to wake up from your imprisonment o n the matrix. What a maroon
Well, if you look at popular vote, the “other guy” lost in record amounts in both of his elections as the GOP has in most elections in recent history. It’s just the odd and outdated US Electoral system that keeps the GOP in power. They don’t represent anywhere close to the majority of voters. Of course, they will scream otherwise but the numbers prove them wrong.
“outdated US Electoral system” Do you even know why it’s in place?
Embrace “majority rule” when you’re not in the majority and post back.
“Embrace “majority rule” when you’re not in the majority and post back.”
That’s the entire point of an electoral system. The majority wins and with the system the US has now, Americans don’t often get the President they overwhelmingly voted for. Trump lost the popular vote buy a larger margin in modern history yet he got into power. And that’s wrong.
“That’s the entire point of an electoral system. The majority wins…”
Sorry, it’s apparent you are in the dark per the rationale of the system’s design…which was brilliant. The Founders knew from experience, the majority can become the mob. The electoral system isn’t perfect, but it’s quite effective in protecting from mob rule…which, in this discussion, rules with power.
The US isn’t a democracy…it’s a representative republic. It is this fact you fight against.
The reason that the electoral college was put into place by the genius founding fathers is that they knew that stupidity likes to gather in mass in cities.
They knew that large populations of stupid people could control the vote, so they made sure that the value of the votes of mass stupid people would be reduced.
The incredible depth of stupidity and gullibility of the libturds is proof that they were right.
The problem is, right now, the US is at a time of high income inequality and substantial geographical disparities across states so there is a risk that the Electoral College will systematically over represent the views of relatively small numbers of people. In it’s current format, it over represents small and medium-sized states at the expense of large states. In other words, states with smaller economic activity have disproportionate power to choose presidents and dictate public policy. This mean an institutional relic from two centuries ago will continue to fuel populism and regular discrepancies between the popular and Electoral College votes.
You can do better and have a more representative voice running your country.
The votes of stupid Libturds were/are compromised on purpose
Insult is all you have….
Get a brain
The gambit to oust Gore is a typical, whiny, petty super MAGA Rightwinger gambit. If the ousting does not work, the group will become as litigous in court as Kari Lake, Trump, Alina Haba, Green, and the rest of election deniers who have had a long string of embarrassingly catastrophic court losses.
Al Gore is a taint on Apple and every year I vote against him. He brings nothing of any value to the Board. His rants on the climate issue have totally destroyed his credibility and represent a danger to Apple’s reputation for allowing him to remain.
So, this is nothing more than a right-wing climate denying waco plot to punish the former Vice President. Not to mention a side plot to oust a gay man from power. What’s the mater, tired of making all that money?
Not sire about Gore. But Cook is doing great. Look at the stock price over the past years, no one can do better than him under this economic environment. So if you want to vote him down, you should just sell your apple stock and f* off.