Originally published: June 9, 2016
A shareholder in Restaurant Brands International Inc., the parent company of Tim Hortons and Burger King, is calling on the firm to commit to adding gender diversity to its leadership.
OceanRock Investments Inc. said that prior to the 2014 merger of Tim Hortons and Burger King to form RBI, Tim Hortons had three women on its 12-person board. After the merger, RBI has zero women on its 10-member board of directors.
OceanRock said that in co-operation with the Shareholder Association for Research and Education (Share) it will present a shareholder proposal at RBI's annual meeting on Thursday in Oakville, Ont., asking the company to adopt a written board diversity policy and report on plans to boost gender diversity on the board and in senior management.