RPT-Waiting for Peter Thiel: big tech directors miss shareholder meetings [Reuters (UK)]
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Source: Reuters
RPT-Waiting for Peter Thiel: big tech directors miss shareholder meetings | Reuters Reuters Staff 5 Min Read (Repeats story first published on Sunday) By Ross Kerber BOSTON, June 25 (Reuters) - Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance. A large portion of Alphabet Inc, Facebook Inc , Netflix Inc and Twitter Inc directors have not attended annual shareholder meetings in recent years, company records and securities filings show, in some cases in growing numbers. Recent high-profile no-shows at the meetings - which are often the only chance “mom-and-pop” retail investors get to ask directors questions - include Alphabet Chief Executive Larry Page and Facebook board member Peter Thiel. The companies declined to discuss the absences in detail. While big asset managers can
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