Kraft blows off fundie pressure on Gay Games
The shareholder proposal to terminate Kraft Food’s backing of the 2006 Gay Games was rejected by the company and investors, despite fundie pressure from groups like the American Family Association and one of Kraft’s stockholders, Marcella Meyer, who submitted this particular dumb proposal, which included statements like this:
â€? The gay rights movement is not a charitable activity; rather, it is a political movement designed to promote increased acceptance of the homosexual lifestyle, and
…â€? The “gay games” event will be appealing to immature young people attracted by the excitement, fun, and even glamour of the event. Some of these young people are likely to experiment with homosexual behavior as a result of this appeal
Well, she was smacked down.
It’s a rare occasion when a marketing sponsorship can take the stage at a shareholder meeting. But Kraft’s decision to support the eight-day event in Chicago this July with a $25,000 donation rankled Kraft stockholder Dr. Marcella Meyer of Chicago, who proposed in a proxy statement that Kraft “disassociate itself” from the Gay Games themselves and any other future activities supporting homosexual activities and lifestyle.
Dr. Meyer’s proposal, rejected by 99% of stockholders, rested largely on the supposition that numerous studies have linked homosexual activity to sexually transmitted diseases that cause sickness and premature death, especially from AIDS, and that Kraft’s support of the games could make it legally liable in the event that a young attendee decides to “experiment with homosexual encounters and later develops a serious, even fatal, illness.”
In May of last year, Marc Firestone, Kraft’s exec VP-corporate counsel and corporate secretary, sent a memo to Kraft employees reiterating the company’s commitment to the event despite protests, voiced most loudly by the American Family Association. In the memo he stated, “Diversity makes us a stronger company and connects us with the diversity that exists among the consumers who buy our products.” The company’s board and stockholders agreed.
Hat tip, PageOneQ