Into Bill Gates’ alleged misconduct. and the company’s sexual harassment policy. In advance of Microsoft’s annual shareholder meeting in the coming month, shareholders are looking for additional information on the policies they believe allowed for alleged indiscretions committed of the co-founder Bill Gates.
The proxy firm Glass Lewis was calling for the resignation of John Thompson, one of directors for the company, The Times of London reported on Saturday. According to the article, Thompson was responsible for an investigation into Gates’s alleged behavior.
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A company that invests in the field, Arjuna Capital, in June announced that it will add a shareholder resolution to this year’s proxy, seeking an “independent and transparent” investigation into accusations of discrimination against women and sexual harassment within the company.
This is the version of the resolution that is proposed: “Reports about Bill Gates’ inappropriate relationship with and sexual advances toward Microsoft employees have exacerbated concerns, and have raised questions about the corporate culture created by top leadership and the role of the board to hold accountable those in charge.”
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The report added: “Investors are concerned Microsoft may be facing the issue of a system of sexual harassment, which could put at risk Microsoft’s capacity to attract and retain talent.”
Arjuna also demanded the release of an independent inquiry into allegations at executive level, which includes Gates’ recent allegations.
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Microsoft advised shareholders not to vote for the resolution that appears in proxy materials. Microsoft stated that the resolution could duplicate existing measures.
Microsoft will issue an annual report that details its policies on gender discrimination and sexual harassment, it said.
“This report will largely address the major issues that were identified in the shareholder proposal,” the company said. “Microsoft will not tolerate harassment or discrimination.”
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The annual gathering of the company will be held on the 30th of November.
These actions by investors was prompted by a myriad of news reports regarding Gates’ alleged misconduct in the years before his divorce from Melinda French Gates.
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