Apple Inc. shareholders today re-elected all eight directors to the board including CEO Steven P. Jobs and former Vice President Albert A. Gore Jr. and defeated all four shareholder proposals, said Steve Dowling, company spokesman, reporting preliminary voting results.
The $860 million American Federation of State, County and Municipal Employees Pension Plan, Washington, sponsored one of the proposals, which called for a vote on executive compensation. The AFSCME fund also opposed the re-election of all eight directors.
The $171.3 billion California Public Employees Retirement System, Sacramento, voted in favor of the AFSCME fund proposal and opposed the re-election of seven of the eight directors, including Messrs. Jobs and Gore.
No tally of the voting was immediately available, Mr. Dowling said.