other material
confidence high
sentiment neutral
materiality 0.25
Smucker shareholders re-elect directors, ratify auditor, approve say-on-pay; LTIP metric changed to net sales growth
J M SMUCKER Co
- Ten directors elected at Aug 14 annual meeting; Mark Smucker received 70.1M for, 6.7M against.
- Ratification of Ernst & Young as FY2025 auditor: 82.0M for, 7.8M against.
- Advisory vote on executive compensation approved: 72.5M for, 4.4M against.
- Compensation Committee replaced ROIC target with three-year average net sales growth for FY2025 performance units.
- Performance units now 75% based on adjusted EPS and 25% on net sales growth.