other material
confidence high
sentiment negative
materiality 0.15
Netflix 2023 annual meeting: say-on-pay fails with 71% against; all directors elected
NETFLIX INC
- Say-on-pay proposal not approved: 241.7M against vs 97.8M for (71% against).
- All four director nominees elected; Jay Hoag received 79.2M against votes (23% against).
- Ratification of Ernst & Young as auditor approved with 374.4M for.
- Shareholder proposals on special meeting reform, board exclusivity, 401(k) report, and freedom of association all defeated.
- Board determines future say-on-pay votes will be held annually.