other material
confidence high
sentiment neutral
materiality 0.50
Kyndryl shareholders approve 7.6M share increase in incentive plan; executive compensation advisory vote passes with 75%
Kyndryl Holdings, Inc.
- Shareholders approved Amended 2021 Long-Term Performance Plan, increasing authorized shares by 7.6M (94% of votes cast).
- Advisory vote on named executive officer compensation passed with 75% support (110.4M for, 35.7M against).
- All six director nominees elected with ~90% of votes cast; no dissident slate.
- Ratification of PricewaterhouseCoopers as independent auditor for FY ending March 31, 2027 approved with 97% support.
- Plan amendment increases total share capacity to 55.5M shares (plus assumed awards from prior IBM plans).