8-K
filed May 10, 2024, 7:59 PM ET
ticker NWL
CIK 0000814453
other material
confidence high
sentiment negative
materiality 0.60
Newell Brands shareholders reject say-on-pay, approve share increase and officer exculpation at 2024 annual meeting
NEWELL BRANDS INC.
- Say-on-pay advisory vote failed: 146.8M for, 191.0M against (56.5% against).
- Amendment to 2022 Incentive Plan approved: adds 9,032,000 shares and eliminates liberal share counting.
- Charter amendment for officer exculpation approved: 288.2M for, 49.9M against.
- All eight director nominees elected, each with >303M votes.
- Ratification of PwC as auditor for FY2024 passed overwhelmingly: 366.8M for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NEWELL BRANDS INC. shareholders approved Amendment to the Newell Brands Inc. 2022 Incentive Plan at the 2024-05-09 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-09
Exact text from the filing
The stockholders approved an amendment to the Newell Brands Inc. 2022 Incentive Plan: For Against Abstain Broker Non-Votes 326,211,111 11,751,483 837,688 30,680,727
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NEWELL BRANDS INC. shareholders rejected Advisory resolution to approve named executive officer compensation at the 2024-05-09 meeting.
- Proposal
- say on pay
- Outcome
- failed
- Meeting
- 2024-05-09
Exact text from the filing
The stockholders did not approve the advisory resolution to approve named executive officer compensation (“Say-On-Pay”): For Against Abstain Broker Non-Votes 146,805,243 191,026,103 968,936 30,680,727
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NEWELL BRANDS INC. shareholders approved Election of each of the eight nominees to the Board of Directors for a one-year term at the 2024-05-09 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-09
Exact text from the filing
The stockholders elected each of the following eight nominees to the Board of Directors for a one-year term by a majority vote: For Against Abstain Broker Non-Votes Bridget Ryan Berman 303,405,490 35,024,343 370,449 30,680,727 Patrick D. Campbell 329,856,875 8,454,781 488,626 30,680,727 James P. Keane 334,260,687 4,025,546 514,049 30,680,727 Gerardo I. Lopez 333,476,412 4,950,416 373,454 30,680,727 Christopher H. Peterson 336,416,747 2,051,765 331,770 30,680,727 Judith A. Sprieser 333,646,553 4,788,451 365,278 30,680,727 Stephanie P. Stahl 333,163,048 5,262,912 374,322 30,680,727 Anthony Terry 336,122,964 2,192,527 484,791 30,680,727
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NEWELL BRANDS INC. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-05-09 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-09
Exact text from the filing
The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024: For Against Abstain 366,754,303 2,217,219 509,487
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NEWELL BRANDS INC. shareholders approved Amendment to the Company’s Charter to include an officer exculpation provision at the 2024-05-09 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-05-09
Exact text from the filing
The stockholders approved an amendment to the Company’s Charter to include an officer exculpation provision: For Against Abstain Broker Non-Votes 288,246,853 49,892,624 660,805 30,680,727
View on SEC.gov
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