other
confidence high
sentiment neutral
materiality 0.25
Mondelez amends bylaws to update shareholder meeting procedures and litigation venue
Mondelez International, Inc.
- Shareholders calling special meetings must now provide same info as for annual meeting proposals/nominations.
- Enhanced proxy solicitation disclosures: shareholders must state intent to deliver proxy statement and meet Rule 14a-19 requirements.
- Shareholder soliciting proxies must use a proxy card color other than white.
- Certain shareholder lawsuits must be brought exclusively in Virginia state or federal courts.
- Lead Director will be appointed by independent directors; majority of directors can call special Board meetings.