other material
confidence high
sentiment neutral
materiality 0.15
IBM shareholders elect 12 directors, approve say-on-pay, reject all stockholder proposals
INTERNATIONAL BUSINESS MACHINES CORP
- All 12 director nominees elected with 89-99% support; Andrew N. Liveris received lowest FOR vote at 77.1%.
- Ratification of PwC as auditor passed with 95.7% (677M FOR).
- Say-on-pay passed with 91.1% support; frequency vote set to annual (97.4% for 1 year).
- Stockholder proposal on independent chairman defeated with 74.1% AGAINST; lobbying report proposal narrowly rejected (51.9% AGAINST).
- Proposals on China ESG congruency and harassment report also defeated with 92.9% and 66.9% AGAINST respectively.