other
confidence high
sentiment neutral
materiality 0.15
Cummins shareholders elect 11 directors, reject independent board chairman proposal
CUMMINS INC
- All 11 director nominees elected; John H. Stone received 103.2M for, William I. Miller had highest against (8.3M).
- Advisory vote on executive compensation passed: 95.0M for, 8.8M against, 13.7M broker non-votes.
- Ratification of PwC as auditors approved: 109.7M for, 8.1M against, no broker non-votes.
- Shareholder proposal for independent board chairman defeated: 43.0M for, 60.9M against.