The Laborers' International Union of North America (LiUNA), an institutional shareholder in Apple, is not taking the defeat of their proposal calling for a CEO succession plan lying down. The union has announced that they will continue pressing for the proposal -- which did not require the naming of a specific successor -- due to the number of institutional shareholders who voted for it. LiUNA obtained the support of Institutional Shareholder Services, the US's largest proxy voting service, in advancing the proposal.
