Apple investors reject succession call (Reuters)
SAN FRANCISCO (Reuters) – Apple Inc shareholders unloved a offering for the company to divulge a succession plan, but voted in souvenir of a responsibility that it adopt majority-voting for unopposed commission directors.
With Apple co-founder and Chief Executive Steve Jobs sidelined indefinitely with an covert medical condition, investors had been due to obligation more aggregation about the company's future at its annual gathering on Wednesday.
Shareholders, including Calpers, had also desired Apple to garner a eld vote to elite unopposed candidates to its board, a manoeuvre that the largest U.S. pension fund says better protects investors' interests.
The results of Wednesday's voting were preliminary.
(Reporting by Gabriel Madway and Noel Randewich, redaction by Matthew Lewis)
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