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RE: LeoThread 2025-10-24 22-44

Proxy advisors are a big deal — one of the main ways corporate America was driven to go Woke

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The fundamental issue is that roughly half of publicly traded shares are controlled by passive index funds that largely outsource shareholder voting to advisory firms like ISS and Glass Lewis

Those firms own no shares themselves and often vote along political lines unrelated to shareholder interests, a problem that extends beyond Tesla

For example, recommendations include opposing re-election of a longstanding director, Ira Ehrenpreis, for “insufficient gender diversity”, while also opposing re-election of Kathleen Wilson-Thompson