8-K
filed May 9, 2023, 7:59 PM ET
ticker PM
CIK 0001413329
other material
confidence high
sentiment neutral
materiality 0.15
PM shareholders elect all 12 directors, approve say-on-pay, reject nicotine reduction proposal
Philip Morris International Inc.
- All 12 director nominees elected; Kalpana Morparia received lowest support at 87.1% of votes cast.
- Advisory vote on executive compensation approved with 73.7% of votes cast in favor.
- Shareholders selected 1-year frequency for future advisory votes on executive compensation.
- Ratification of PwC as independent auditor approved with 99.1% of votes cast.
- Shareholder proposal to reduce nicotine levels defeated with 96.8% of votes cast against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Philip Morris International Inc. shareholders approved Advisory Vote Approving Executive Compensation. at the 2023-05-03 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-03
Exact text from the filing
The proposal was approved on an advisory basis.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Philip Morris International Inc. shareholders approved Ratification of the Selection of PricewaterhouseCoopers SA as Independent Auditors for the fiscal year ending December 31, 2023. at the 2023-05-03 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-03
Exact text from the filing
Proposal 4: Ratification of the Selection of PricewaterhouseCoopers SA as Independent Auditors for the fiscal year ending December 31, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Philip Morris International Inc. shareholders rejected Shareholder Proposal to Make Nicotine Level Information Available to Customers and Begin Reducing Nicotine Levels. at the 2023-05-03 meeting.
- Outcome
- failed
- Meeting
- 2023-05-03
Exact text from the filing
Name For Against Abstain Broker Non-Vote Brant Bonin Bough 1,082,778,740 6,141,074 1,908,983 165,295,668 André Calantzopoulos 1,069,214,994 20,184,764 1,429,039 165,295,668 Michel Combes 1,083,320,345 5,697,543 1,810,909 165,295,668 Juan José Daboub 1,056,177,179 32,889,438 1,762,180 165,295,668 Werner Geissler 1,059,790,224 29,036,004 2,002,569 165,295,668 Lisa A.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Philip Morris International Inc. shareholders approved Election of Directors of the Company. at the 2023-05-03 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-03
Exact text from the filing
All director nominees were duly elected.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Philip Morris International Inc. shareholders approved Advisory Vote on the Frequency of Future Advisory Votes to Approve the Compensation of our Named Executive Officers. at the 2023-05-03 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-03
Exact text from the filing
On an advisory basis, shareholders approved holding an advisory vote on the compensation of our named executive officers every 1 year.
View on SEC.gov
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