Amazon.com, Inc. (AMZN) Shareholders Overwhelmingly Reject Proposal to Permanently Split CEO and Chair Roles

Amazon.com, Inc. (AMZN) Shareholders Overwhelmingly Reject Proposal to Permanently Split CEO and Chair Roles
At Amazon's annual meeting, shareholders rejected a proposal to permanently separate the CEO and board chair roles, with 82% voting against it. The company's board emphasized the need for flexibility in leadership structures. Despite the vote, Amazon's current approach is seen as effective for optimal oversight and business leadership.