other material
confidence high
sentiment neutral
materiality 0.35
Stockholders approve 2022 LTIP, elect all 11 director nominees at annual meeting
DEVON ENERGY CORP/DE
- 2022 Long-Term Incentive Plan adopted with 27,500,000 shares authorized, replacing 2017 LTIP.
- All 11 director nominees elected; Richard E. Muncrief received highest votes for with 495.6M.
- KPMG LLP ratified as independent auditor for 2022 with 549.2M votes for.
- Advisory vote on named executive officer compensation approved with 476.2M votes for.
- Plan effective June 8, 2022; individual award limits set (e.g., 3M options per employee per year).