NEW

Black Lives Matter Bought $32 Million in Stocks

Black Lives Matter Global Network Foundation (BLMGNF) has filed its long-awaited tax return for 2020, when it says it raised $90 million. The big question was what happened to...

Elitist JPMorgan Chase Board Confronted Over China, Paris Agreement

On Tuesday, National Legal and Policy Center presented a resolution at JPMorgan Chase & Co.’s annual shareholder meeting that would require the company take steps to...

USA TODAY: NLPC in ‘Long Overdue’ Fight Against Corporate Wokeness

In a front-page article (pay wall) published on Friday, May 13 by USA Today, reporter Jessica Guynn writes about conservative groups increasing their involvement at annual...

Verizon Slammed for Pushing CRT on Employees, Funding Extremists

On Thursday, National Legal and Policy Center presented a resolution at Verizon Communications Inc’s annual shareholder meeting that would require greater transparency and...

NLPC Targets Oil Giant ConocoPhillips over Carbon Tax Advocacy

On Tuesday, National Legal and Policy Center presented a resolution at ConocoPhillips Company’s annual shareholder meeting that would require greater transparency and itemization...

What Will Veterans Groups Do About the Charmain Bogue Scandal?

On March 24, the Department of Veterans Affairs (VA) Inspector General released a report on violations of ethics rules by Charmain Bogue, a high department official, who resigned...

NLPC to Colgate-Palmolive: Stop Funding Al Sharpton’s Demogoguery

This morning National Legal and Policy Center presented a resolution at Colgate-Palmolive Company’s annual shareholder meeting that would require greater transparency and...

NLPC Chairman Confronts Warren Buffett at Berkshire Hathaway Annual Meeting

Peter Flaherty, chairman of National Legal and Policy Center, presented the organization's shareholder proposal to separate the roles of chairman and CEO at the annual meeting of...

Shareholder Activist Wants Warren Buffett to ‘Save’ Capitalism

Peter Flaherty, Chairman of the National Legal and Policy Center, will today present a shareholder proposal to separate the roles of Chairman and CEO at the Berkshire Hathaway...

WV Treasurer Calls on Unilever to End Ben & Jerry’s Israel Boycott

West Virginia Treasurer Riley Moore (pictured above) on Wednesday called on Unilever to end the boycott against Israel currently being conducted by its subsidiary Ben &...

Coke, Disney Director Fled Cuba; What Does She Say About China?

As a child in 1960, Maria Elena “Mel” Lagomasino (pictured above) fled Castro’s communist revolution in Cuba with her family. They settled in America and Lagomasino grew up in Connecticut, rose to the top of the corporate financial world, and is now a top director on the boards of both The Coca-Cola Company and The Walt Disney Company.

In a commentary published this week by Inside Sources, NLPC’s Paul Chesser wonders: Does Lagomasino bring her horrific experience as a child to bear in addressing the two major corporations’ significant activities in communist China?

An excerpt from Chesser’s piece:

Lagomasino is…the second-longest serving director for the Walt Disney Co., and is the lead independent director for the Coca-Cola Co. Both corporations have extensive operations in China, and in order to access that expansive market, both have shown troubling obeisance to its communist government.

 

Disney is under fire recently for its opposition to Florida’s recently passed Parental Rights in Education law. But supporters of the legislation have pointed out “woke” Disney’s hypocrisy in attacking Florida while the company looks the other way when it comes to China’s human rights atrocities.

 

One wonders: Has the Cuban refugee Lagomasino had anything to say in the boardroom about Disney’s genuflection to communists? …

 

Likewise…[Coca-Cola Chairman and CEO James] Quincey has continued Coca-Cola’s aggressive expansion in the communist nation. He and his predecessor signed over rights to state-owned COFCO Co. for half of its bottling factories in the country — at least one of which operates in the region of Xinjiang, where the oppressive government has forced millions of Muslim-minority Uyghurs into slave labor operations and concentration camps. A report issued in March 2020 by the Congressional-Executive Commission on China found that Coca-Cola was “suspected of ties to forced labor in Xinjiang.”

 

Does Lagomasino — who again, is Coke’s top independent director — bring to bear her traumatic childhood experience, when corporate decision-making about operations in China is considered?

Read the rest of Chesser’s commentary at Inside Sources.

Previous

Next

Tags: China, Coca-Cola, Communism, Cuba, Disney, James Quincey, Maria Elena Lagomasino