Restaurant Brands International, which owns Burger King and Tim Hortons, has rejected plans to implement diversity quotas in the Boardroom.
OceanRock Investments, who became a shareholder when Burger King bought Tim Hortons in 2014, tabled the defeated motion at Thursday’s AGM - according to the Canadian Press.
Fred Pinto, OceanRock Investments’ CEO, said: “We did this quite simply because it's the right thing to do.”
Prior to the acquisition, Tim Hortons had three female Board members.
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