U.S. Sen. Bernie Sanders, the presidential candidate, will attend the Walmart stockholders meeting June 5 in Rogers to introduce a proposal to give a seat on the corporation board to a representative of Walmart employees.
The proposal comes from a group called United for Respect. It is not currently on the list of resolutions on the agenda for the meeting. Outside resolutions are rarely favored by management.
40/29, in reporting on Sanders’ plan to attend, got this statement from Walmart:
“The company will respond to specific shareholder proposals once they are formally presented at our June 5 shareholders meeting. Since the beginning, a cornerstone of Walmart’s culture has been engaging frontline associates in the management of the company, and we’re proud of the fact that 75% of our U.S. management associates began their career as frontline hourly associates. If Senator Sanders attends, we hope he will approach his visit not as a campaign stop, but as a constructive opportunity to learn about the many ways we’re working to provide increased economic opportunity, mobility and benefits to our associates — as well as our widely recognized leadership on environmental sustainability.”