Yesterday, I addressed the PayPal Annual General Assembly Meeting (AGM), where I presented, on behalf of Harrington Investments, a 5-minute statement supporting a shareholder resolution asking shareholders to vote to extend PayPal services to Palestinians in Palestine. PayPal’s board recommended a “no” vote, and the shareholder resolution did not pass. However, this is not the end of the road; standby for the next steps.
You may hear my statement here, starting at 7:10:
https://east.virtualshareholdermeeting.com/vsm/web?pvskey=PYPL2023
All my respect to Harrington Investments, a leader in Socially Responsible Investing and Shareholder Advocacy since 1982!
Some early media coverage:
Guardian
https://www.theguardian.com/technology/2023/may/24/paypal-palestine-ban-us-congress-
Haaretz
Wafa
https://english.wafa.ps/Pages/Details/135979
Arab News
https://www.arabnews.com/node/2310186/business-economy
Mondoweiss
https://mondoweiss.net/2023/05/paypal-upholds-its-ban-on-palestinians
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