Paramount Shareholders Will Vote on AI Report and Golden Parachutes
Paramount Global shareholders will decide at the company's June 4 annual meeting on a shareholder proposal that the company prepare a transparency report about how it uses AI in business operations, as well as ethical guidelines for AI it has adopted. Also on the agenda is a shareholder proposal recommending the board adopt a policy requiring stockholder approval for certain "golden parachute" compensation packages, according to the annual proxy statement issued Monday. The board is recommending "no" votes on both.