Cummins shareholders elect all 11 directors, approve say-on-pay, reject two proposals

CUMMINS INC

All 11 director nominees elected; top vote-getter John H. Stone with 99.5% of votes cast.
Advisory say-on-pay passed with 89.2M for (93.7% of votes cast).
Ratification of PricewaterhouseCoopers as auditor approved with 107.6M for (95.5% of votes cast).
Shareholder proposal for independent board chairman defeated: 53.5M against (56.4% of votes cast).
Shareholder proposal on linking exec comp to 1.5°C emissions reduction defeated: 79.3M against (83.5% of votes cast).

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

CUMMINS INC shareholders rejected 4. Shareholder Proposal Regarding an Independent Board Chairman at the 2024-05-14 meeting.

Outcome: failed
Meeting: 2024-05-14

Exact text from the filing

4. Shareholder Proposal Regarding an Independent Board Chairman For Against Abstain Broker Non-Votes 41,415,876 53,460,424 479,572 17,523,019

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

CUMMINS INC shareholders rejected 5. Shareholder Proposal Regarding Linking Executive Compensation to Achieving 1.5°C emissions reductions at the 2024-05-14 meeting.

Outcome: failed
Meeting: 2024-05-14

Exact text from the filing

5. Shareholder Proposal Regarding Linking Executive Compensation to Achieving 1.5°C emissions reductions For Against Abstain Broker Non-Votes 15,609,081 79,253,669 493,122 17,523,019

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.97

CUMMINS INC shareholders approved 1. Election of Eleven Directors for a One-Year Term to Expire at the Company’s 2025 Annual Meeting of Shareholders at the 2024-05-14 meeting.

Proposal: director election
Outcome: passed
Meeting: 2024-05-14

Exact text from the filing

Item 5.07. Submission of Matters to a Vote of Security Holders. On May 14, 2024, at the 2024 annual meeting of shareholders (the “Annual Meeting”) of Cummins Inc. (the “Company”), the Company’s shareholders voted on the following proposals: • The election of eleven directors for a one-year term to expire at the Company’s 2025 annual meeting of shareholders; • An advisory vote on the compensation of the Company’s named executive officers; • The ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s auditors for 2024; • A shareholder proposal regarding an independent board chairman; and • A shareholder proposal regarding linking executive compensation to achieving 1.5°C emissions reductions.

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

CUMMINS INC shareholders approved 2. Advisory Vote on the Compensation of the Company’s Named Executive Officers at the 2024-05-14 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2024-05-14

Exact text from the filing

2. Advisory Vote on the Compensation of the Company’s Named Executive Officers For Against Abstain Broker Non-Votes 89,248,608 5,655,401 451,863 17,523,019

View on SEC.gov

425 shareholder votes filed in the last 30 days. Browse all shareholder votes →

CUMMINS INC filing history →

Source: SEC EDGAR

accession 0000026172-24-000026

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.