IPG Shareholders Reject 2 Proposals, Including Gender and Race Reporting

Directors also reelected, PWC reappointed at annual meeting

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Interpublic Group shareholders, at their annual meeting today, rejected a proposal that would have required the company to publicly report on the number of minorities and women it employs.

The measure called on IPG to provide a “comprehensive breakdown of its workforce by race and gender according to 10 employment categories,” beginning this year. Under federal law, companies with more than 100 employees already provide such data annually to the Equal Employment Opportunity Commission. 

Michael Roth

Nevertheless, the proposal garnered little support, with fewer than 7 percent of the voting shareholders supporting it.

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