Shareholders elect 10 directors, ratify Deloitte, approve say-on-pay at 2024 annual meeting

Snap-on Inc

All 10 director nominees elected; David C. Adams received 33.4M for (78.3% of voted shares), the lowest support.
Ratification of Deloitte & Touche as auditor passed with 42.7M for, 4.5M against (90.5% approval).
Advisory vote on executive compensation: 39.7M for, 2.96M against (93.1% of votes cast for).
52.8M shares outstanding; broker non-votes of 4.48M on director elections and say-on-pay.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Snap-on Inc shareholders approved Ratification of Audit Committee's selection of Deloitte & Touche LLP as independent registered public accounting firm for fiscal 2024 at the 2024-04-25 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2024-04-25

Exact text from the filing

The proposal to ratify the Audit Committee’s selection of Deloitte as the Company’s independent registered public accounting firm for fiscal 2024 received the following votes: Votes for approval: 42,722,753 Votes against: 4,477,738 Abstentions: 93,572 Broker non-votes: 0

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Snap-on Inc shareholders approved Advisory vote to approve the compensation of the named executive officers at the 2024-04-25 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2024-04-25

Exact text from the filing

The advisory vote to approve the compensation of the Company’s named executive officers, as disclosed in “Compensation Discussion and Analysis” and “Executive Compensation Information” in the 2024 Proxy Statement, received the following votes: Votes for approval: 39,699,132 Votes against: 2,961,442 Abstentions: 157,434 Broker non-votes: 4,476,056

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Snap-on Inc shareholders approved Election of 10 members to the Board of Directors at the 2024-04-25 meeting.

Proposal: director election
Outcome: passed
Meeting: 2024-04-25

Exact text from the filing

Snap-on Incorporated (the “Company”) held its 2024 Annual Meeting of Shareholders on April 25, 2024 (the “2024 Annual Meeting”). At the 2024 Annual Meeting, the Company’s shareholders: (i) elected 10 members of the Company’s Board of Directors to each serve a one-year term ending at the Annual Meeting of Shareholders to be held in 2025 (the “2025 Annual Meeting”); (ii) ratified the Audit Committee’s selection of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for fiscal 2024; and (iii) approved, on an advisory basis, the compensation of the Company’s named executive officers, as disclosed in the proxy statement for the 2024 Annual Meeting (the “2024 Proxy Statement”).

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

Snap-on Inc filing history →

Source: SEC EDGAR

accession 0000091440-24-000033

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