Vote for Women on Board Likely to Happen Again

The video discusses a proposal to improve board diversity at Tim Horton's after its merger with Burger King under RBI, which resulted in an all-male board. The speaker highlights the previous board's diversity and expresses concern over the regression. They discuss the role of minority shareholders and the significant ownership by 3G. The speaker is not surprised by the proposal's failure but remains hopeful that independent shareholders will support future efforts to enhance board diversity, especially in light of recent government announcements on the topic.

What was the board composition of Tim Horton's before the merger with Burger King?

• Three women on a 12-member board

• All male board

• Four women on a 15-member board

• Two women on a 10-member board

What percentage of the company does 3G own?

• 50%

• 60%

• 30%

• 40%

What recent announcement by the Ontario government is mentioned in the context of board diversity?

• A shareholder rights amendment

• A new tax policy

• A regulation on board diversity

• A merger approval

What is the potential threshold of independent shareholder support needed to bring the proposal forward again?

• 10% or 12%

• 15% or 20%

• 7% or 8%

• 5% or 6%

What was the reaction to the proposal not passing?

• Surprised and disappointed

• Expected and unsurprised

• Angry and frustrated

• Indifferent and neutral