Apple releases 2009 proxy statement

08.01.2009

Proposal 4 is similar to proposal 2 in that it's suggesting a regular report that includes information about Apple's environmental practices. No doubt, this would make Greenpeace very happy.

Finally, proposal 5 suggests that the compensation for named executive officers be voted on by shareholders for ratification. The outcome would be non-binding however, and would have no practical effect upon that compensation. Naturally, the board feels this vote type communication doesn't provide value.

And there you have it, the exciting world of proxy statements. Now on to that next Dan Brown novel!