other material
confidence high
sentiment neutral
materiality 0.15
Block shareholders re-elect Dorsey, Deighton; reject voting change proposal at 2022 annual meeting
Block, Inc.
- Jack Dorsey and Paul Deighton re-elected as Class I directors with 868M and 843M votes for, respectively.
- Advisory vote on executive compensation approved: 917M for, 13.8M against.
- Shareholders selected one-year frequency for future say-on-pay votes; next such vote by 2028.
- Ratification of Ernst & Young as auditor for FY2022 approved with 1.01B votes for.
- Stockholder proposal to change voting structure rejected: 260M for, 671M against.