SBA Communications – Executive Leadership Diversity (2021) — Issue Type =
Outcome: Subsequent to a high 45% vote for our proposal on executive leadership diversity in spring 2020, we refiled in Fall  2020 after additional attempts for dialogue failed.   In December, IPG reached out to us after publishing its first comprehensive CSR report.  In the report the company states that “the diversity of our executive team does not yet reflect that of our workforce.” The report discloses that women, for example, comprise 30% of its board, 35% of its workforce and 22% of the top three EEOC categories, yet  are not represented at the most senior level.  Initiatives to expand diversity include a focus on hiring with a  requirement that  search firms seek female and diverse candidates, closing the promotion gap by developing internal candidates for executive openings, formalizing board oversight, among other initiatives.  As a result of these disclosures and commitments we withdrew the proposal.
SBA Communications – Board Diversity (2020) — Issue Type =
Outcome: Successfully withdrawn following the company’s agreement to expand disclosures in its 2020 proxy statement relating to its commitment to diversity inclusive of gender, race and ethnicity and its announced success in December 2019 in expanding gender diversity in its Director ranks. Also, the Company agreed to publish, and endeavor to do so annually, a Director skills/diversity matrix noting key qualification, skills and attributes most relevant to the decision to nominate candidates.
SBA Communications – Sexual Orientation & Gender Identity Non-Discrimination (2018) — Issue Type =
Outcome: Successfully withdrawn after the company confirmed and publicized their LGBT-inclusive nondiscrimination and EEO policies.