Stepan Company stockholders elect directors, approve say-on-pay, ratify auditor at 2023 annual meeting

STEPAN CO

Joaquin Delgado and F. Quinn Stepan, Jr. elected as directors with 17.4M and 16.7M FOR votes respectively.
Advisory vote on executive compensation approved with 18.4M FOR (94.5% of votes cast excluding broker non-votes).
Stockholders selected a 1-year frequency for future say-on-pay votes (17.4M votes for 1 year).
Ratification of Deloitte & Touche as independent auditor for 2023 with 20.1M FOR votes.

item 5.07

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

STEPAN CO shareholders approved Election of Directors at the 2023-04-25 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-04-25

Exact text from the filing

Proposal 1: Election of Directors NAME FOR AGAINST ABSTAIN BROKER NON-VOTES Joaquin Delgado 17,385,957 1,374,259 8,485 1,710,771 F. Quinn Stepan, Jr. 16,654,489 2,106,200 8,013 1,710,771

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

STEPAN CO shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as Stepan's Independent Registered Public Accounting Firm for 2023 at the 2023-04-25 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-04-25

Exact text from the filing

Proposal 4: Ratification of the Appointment of Deloitte & Touche LLP as Stepan’s Independent Registered Public Accounting Firm for 2023 FOR AGAINST ABSTAIN 20,091,930 364,502 23,040

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

STEPAN CO shareholders approved Advisory Vote to Approve the Compensation of Stepan's Named Executive Officers at the 2023-04-25 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-04-25

Exact text from the filing

Proposal 2: Advisory Vote to Approve the Compensation of Stepan’s Named Executive Officers FOR AGAINST ABSTAIN BROKER NON-VOTES 18,382,427 354,211 32,063 1,710,771

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

STEPAN CO shareholders approved Advisory Vote on the Frequency of Voting on the Compensation of Stepan's Named Executive Officers at the 2023-04-25 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-04-25

Exact text from the filing

Proposal 3: Advisory Vote on the Frequency of Voting on the Compensation of Stepan’s Named Executive Officers 1 YEAR 2 YEARS 3 YEARS ABSTAIN BROKER NON-VOTES 17,360,600 125,071 1,186,872 96,158 1,710,771

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

STEPAN CO filing history →

Source: SEC EDGAR

accession 0000950170-23-014968

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