8-K
filed October 13, 2023, 7:59 PM ET
ticker PG
CIK 0000080424
other material
confidence high
sentiment neutral
materiality 0.15
P&G 2023 annual meeting results: all directors elected, say-on-pay approved, shareholder proposals defeated
PROCTER & GAMBLE Co
- All 14 director nominees elected with substantial support; lowest vote was 1.47B for Patricia Woertz.
- Advisory vote on executive compensation approved with 1.52B votes for (approx 90% of votes cast).
- Shareholder proposal on civil rights audit of reverse discrimination defeated (67M for, 1.58B against).
- Shareholder proposal on annual report on China operations defeated (70M for, 1.58B against).
- Proposal to require shareholder approval for certain regulation amendments defeated (712M for, 949M against).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROCTER & GAMBLE Co shareholders approved Election of directors at the 2023-10-10 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-10-10
Exact text from the filing
Proposal 1 – Election of Directors. Each of the following nominees was elected to serve a one-year term on the Company’s Board of Directors (“the Board”). Votes For Votes Against Abstentions Broker Non-Votes Allen, B. Marc 1,654,346,944 19,382,073 9,012,730 360,945,057 Biggs, Brett 1,630,197,387 43,226,915 9,317,445 360,945,057 Bonini, Sheila 1,654,219,082 20,272,659 8,250,006 360,945,057 Braly, Angela F. 1,503,628,260 169,818,511 9,294,976 360,945,057 Chang, Amy L. 1,636,001,530 38,700,817 8,039,400 360,945,057 Jimenez, Joseph 1,535,279,219 137,883,617 9,578,911 360,945,057 Kempczinski, Christopher 1,644,376,997 29,676,477 8,688,273 360,945,057 Lee, Debra L. 1,620,521,819 53,904,942 8,314,986 360,945,057 Lundgren, Terry J. 1,612,534,758 61,476,385 8,730,604 360,945,057 McCarthy, Christine M. 1,638,553,190 35,804,930 8,383,627 360,945,057 Moeller, Jon R. 1,511,672,940 157,177,084 13,891,723 360,945,057 Portman, Robert J. 1,652,653,930 22,206,988 7,880,829 360,945,057 Subramaniam, Rajes
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROCTER & GAMBLE Co shareholders approved Ratify Appointment of the Independent Registered Public Accounting Firm at the 2023-10-10 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-10-10
Exact text from the filing
Proposal 2- Ratify Appointment of the Independent Registered Public Accounting Firm. The proposal was approved. Votes For Votes Against Abstentions Broker Non-Votes 1,928,688,100 105,496,681 9,502,023 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROCTER & GAMBLE Co shareholders rejected Shareholder Proposal – Request to Require Shareholder Approval for Certain Future Amendments to Company Regulations at the 2023-10-10 meeting.
- Outcome
- failed
- Meeting
- 2023-10-10
Exact text from the filing
Proposal 7 - Shareholder Proposal – Request to Require Shareholder Approval for Certain Future Amendments to Company Regulations The proposal was not approved. Votes For Votes Against Abstentions Broker Non-Votes 712,274,429 949,273,321 21,193,997 360,945,057
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROCTER & GAMBLE Co shareholders approved Advisory Vote to Approve the Frequency of the Executive Compensation Vote (the "Say on Frequency" vote) at the 2023-10-10 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-10-10
Exact text from the filing
Proposal 4 - Advisory Vote to Approve the Frequency of the Executive Compensation Vote (the “Say on Frequency” vote). The frequency “1 Year” received the highest number of votes. The Board considered the results of the advisory vote and decided that, consistent with the Board’s recommendation in the proxy statement for the 2023 Annual Meeting, the Company will continue to solicit an advisory vote on executive compensation annually until the next required advisory vote on the frequency of future advisory votes on executive compensation. 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 1,639,065,316 8,532,914 26,152,175 8,991,342 360,945,057
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROCTER & GAMBLE Co shareholders approved Advisory Vote to Approve the Company’s Executive Compensation (the "Say on Pay" vote) at the 2023-10-10 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-10-10
Exact text from the filing
Proposal 3 - Advisory Vote to Approve the Company’s Executive Compensation (the “Say on Pay” vote). The proposal was approved. Votes For Votes Against Abstentions Broker Non-Votes 1,519,533,030 150,575,576 12,633,141 360,945,057
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROCTER & GAMBLE Co shareholders rejected Shareholder Proposal - Civil Rights Audit of Reverse Discrimination at the 2023-10-10 meeting.
- Outcome
- failed
- Meeting
- 2023-10-10
Exact text from the filing
Proposal 5 - Shareholder Proposal - Civil Rights Audit of Reverse Discrimination The proposal was not approved. Votes For Votes Against Abstentions Broker Non-Votes 67,377,739 1,584,826,828 30,537,180 360,945,057
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROCTER & GAMBLE Co shareholders rejected Shareholder Proposal – Annual Report on Operations in China at the 2023-10-10 meeting.
- Outcome
- failed
- Meeting
- 2023-10-10
Exact text from the filing
Proposal 6 - Shareholder Proposal – Annual Report on Operations in China The proposal was not approved. Votes For Votes Against Abstentions Broker Non-Votes 70,423,856 1,576,215,752 36,102,130 360,945,057
View on SEC.gov
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