WHO: Alliance Defending Freedom SVP of Corporate Engagement and Senior Counsel Jeremy Tedesco, Bowyer Research President Jerry Bowyer, and Oklahoma Treasurer Todd Russ
WHAT: Press conference following Lululemon’s annual shareholder meeting, where shareholders will vote on Russ’ resolution calling for transparency into the company’s financial support for pro-looting groups
WHEN: 12:30 p.m. EDT, Wednesday, June 11
WHERE: Via Zoom. To attend or schedule an interview, contact ADF Media Relations Manager Hattie Troutman at (771) 200-7630.
WASHINGTON – On Wednesday, Oklahoma Treasurer Todd Russ will speak at a press conference along with Bowyer Research President Jerry Bowyer and Alliance Defending Freedom Senior Counsel and Senior Vice President of Corporate Engagement Jeremy Tedesco following Lululemon’s annual shareholder meeting.
A trailblazing voice in shareholder-first engagement, Russ utilized investments from his state’s Tobacco Settlement Endowment Trust to file an ADF-backed resolution calling for fiscal prioritization over politicization. As Russ’ proposal, filed with the help of Bowyer Research and successfully defended at the SEC by ADF, highlights, Lululemon has made a series of highly questionable decisions that prioritized ideology over sound business practices in recent years. At the top of the list is the company’s policy on shoplifting, which garnered headlines less than two years ago when it fired two Georgia women because they had respectfully and verbally confronted two shoplifters before calling the police. Meanwhile, Lululemon executives were writing six-figure checks to pro-looting, anti-police groups like Reclaim the Block and Black Lives Matter.
Russ also filed resolutions at Alphabet (Google’s parent company), Amazon, Netflix, and YUM! Brands (KFC, Pizza Hut, Taco Bell).
“Activists have weaponized corporations to achieve their fringe political agendas for far too long,” said Tedesco. “Thankfully, we’re starting to see common sense and respect for fundamental freedoms return to the corporate boardroom. Shareholder-first advocates like Treasurer Russ are doing their part to exercise their rights as owners in these companies, and we’re honored to come alongside them with the legal expertise and strategic insight to chart a new path forward for corporate America.”
At Wednesday’s press conference, ADF will also release its fourth-annual Viewpoint Diversity Score Business Index. The premier benchmark for measuring corporate respect for free speech and religious liberty, the Index scored 100 publicly traded corporations in its 2025 edition. Last year’s edition drove 22 policy and behavioral changes at America’s top corporations over the past year.
Leveraging the Index, ADF has worked alongside values-aligned investors to file 74 shareholder proposals at major companies this year, dwarfing last year’s total of 28. That accounts for 61% of all proposals filed by conservative shareholders this proxy season and more than 22% of all proposals that addressed social issues.
Alliance Defending Freedom is an alliance-building, non-profit legal organization committed to protecting religious freedom, free speech, parental rights, and the sanctity of life.
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