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Proxy Impact, on behalf of Dr. Lisette Cooper and other investors, filed a shareholder resolution requesting that Meta Platforms, Inc.?s Board assess linking senior executive compensation to improvements in child safety.
Proxy Impact filed a shareholder resolution to link Meta executive pay to child safety improvements.
KEY POINTS
- Meta faces over 2,400 pending lawsuits and insurers are refusing to cover child safety-related claims.
- Meta was fined $375 million in New Mexico for misleading child safety claims on its platforms.
- A California court ruled that Meta's platforms harm young users' mental health in a significant legal setback.
- Executives' bonus plans are tied to a $9 trillion valuation target, not measurable child safety outcomes.
COMPANIES
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