other
confidence high
sentiment neutral
materiality 0.10
Cognizant shareholders re-elect all directors, reject shareholder proposal on meeting rights
COGNIZANT TECHNOLOGY SOLUTIONS CORP
- All 11 director nominees re-elected with strong majority support; only one director received less than 92% 'For' votes.
- Say-on-Pay advisory vote passed with 413.2M For (90.3%) against 44.2M Against and 453K abstentions.
- Ratification of PwC as FY2022 auditor approved: 455.7M For, 25.3M Against, 352K abstentions.
- Shareholder proposal to amend special meeting rights failed: only 38.2M in favor (8.3%), 419.4M opposed.
- Approximately 92% of outstanding shares voted (481.4M of 521.2M shares) at the June 7, 2022 annual meeting.