other material
confidence high
sentiment neutral
materiality 0.25
Lilly amends bylaws to revise shareholder nomination procedures and meeting rules
ELI LILLY & Co
- Revised procedures and disclosure requirements for director nominations and shareholder proposals.
- Annual meeting date now set by Board of Directors instead of fixed third Monday in April.
- Meetings may be held by remote communication in addition to or instead of physical meetings.
- Chair of shareholder meeting may prescribe conduct rules and adjourn with or without quorum.
- Adopted gender-neutral language and made administrative, modernizing, and clarifying changes.