other material
confidence high
sentiment neutral
materiality 0.25
Cadence shareholders elect all 11 directors, reject special meetings proposal
CADENCE DESIGN SYSTEMS INC
- All 11 director nominees elected with majority support; Lip-Bu Tan received 210.9M votes.
- Say-on-pay approved with 208.3M for (91.1%) vs 20.1M against.
- Ratification of PwC as auditor for FY2022 approved with 246.1M for, 235K against.
- Stockholder proposal on special meetings defeated with 142.7M against vs 85.6M for.
- Board committee composition updated effective May 5, 2022; Lewis Chew chairs Audit, Mark Adams chairs Compensation.