AGCO stockholders elect 10 directors, approve say-on-pay frequency and executive compensation, ratify KPMG

AGCO CORP /DE

All 10 director nominees elected; votes ranged from ~59.9M (Niels Pörksen) to ~63.2M (Mallika Srinivasan) in favor.
Non-binding say-on-pay frequency: 61.1M for 1 year, ~2.3M for 3 years, 17K for 2 years.
Advisory vote on exec compensation: 57.3M for, 5.5M against, 0.7M abstain.
Ratified KPMG as auditor: 62.2M for, 3.8M against, 50K abstain.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AGCO CORP /DE shareholders approved To elect ten directors to the Board of Directors for terms expiring at the Annual Meeting in 2024. at the 2023-04-27 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-04-27

Exact text from the filing

The Company’s Annual Meeting of Stockholders was held on April 27, 2023. The following matters were voted upon and the results of the voting were as follows: (1) To elect ten directors to the Board of Directors for terms expiring at the Annual Meeting in 2024. The nominees, Messrs. Arnold, De Lange, Hansotia, Minnich, Pörksen, Sagehorn and Tsien and Mses. Barbour, Clark and Srinivasan were elected to the Company’s Board of Directors. The results follow:

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AGCO CORP /DE shareholders approved To consider a non-binding advisory vote relating to the frequency (every one, two or three years) of the non-binding stockholder vote on the compensation of the Company's named executive officers. at the 2023-04-27 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-04-27

Exact text from the filing

The results follow: 1 Year 2 Years 3 Years Abstain 61,101,567 17,205 2,316,891 46,096 In addition to the votes reported above, there were 2,507,427 broker non-votes for this proposal.

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AGCO CORP /DE shareholders approved To ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2023. at the 2023-04-27 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-04-27

Exact text from the filing

To ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2023. The results follow: For Against Abstain 62,174,886 3,764,011 50,288

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AGCO CORP /DE shareholders approved To consider a non-binding advisory resolution to approve the compensation of the Company’s named executive officers. at the 2023-04-27 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-04-27

Exact text from the filing

To consider a non-binding advisory resolution to approve the compensation of the Company’s named executive officers. The results follow: For Against Abstain 57,284,507 5,528,579 668,672 In addition to the votes reported above, there were 2,507,427 broker non-votes for this proposal.

View on SEC.gov

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

AGCO CORP /DE filing history →

Source: SEC EDGAR

accession 0000880266-23-000030

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