other material
confidence high
sentiment neutral
materiality 0.15
CSX shareholders elect all 11 directors; say-on-pay passes with 40% dissent
CSX CORP
- All 11 director nominees elected; John Zillmer received 612M votes against (38% of votes cast), highest opposition.
- Ratification of Ernst & Young as auditor passed with 95% for (1.75B for, 97M against).
- Advisory say-on-pay approved, but 645M votes against (40% of votes cast), indicating significant shareholder dissent.
- Broker non-votes of ~234M shares were present on director election and say-on-pay items.