The city and state are again using the financial might of their pension funds to push for changes at Amazon.
A group of pension funds controlled by the city and state that hold $5.3 billion in Amazon stock is urging fellow shareholders to vote against the re-election of two members on the tech giant’s 11-member board of directors. The two directors, Daniel Huttenlocher and Judith McGrath, have not “adequately overseen the company’s human capital management,” according to a letter filed with the U.S. Securities and Exchange Commission.
Huttenlocher, dean of the MIT Schwarzman College of Computing, and McGrath, former chairwoman and CEO of MTV Networks, both sit on
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