Shareholders voted against "permanently separating CEO and Chairman of the Board" to pave the way for Amazon's "AI ambitions."
According to the Wisdom Financial APP, shareholders of the American e-commerce and cloud computing giant Amazon (AMZN.US) voted against a key proposal at the annual shareholders meeting held on Wednesday local time, with 82% opposition, to permanently separate the CEO and chairman positions. The rejection of this proposal to permanently separate the positions continues to ensure the flexibility of the Amazon leadership team adjustments, and is expected to provide a significant foundation for Andy Jassy-led Amazon management to continue advancing AI-led performance expansion.
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