other material
confidence high
sentiment neutral
materiality 0.25
Charles Schwab annual meeting: board declassification proposal fails
SCHWAB CHARLES CORP
- All four director nominees elected; Marianne C. Brown received 1.41B for, 29.4M against.
- Ratification of Deloitte & Touche as independent auditor approved: 1.43B for, 94.1M against.
- Advisory vote on executive compensation passed: 1.33B for, 103.0M against.
- Proposal to declassify board failed (needed 80% of outstanding shares); 1.32B for, 114.9M against not enough.