8-K
filed May 30, 2023, 7:59 PM ET
ticker PINS
CIK 0001506293
leadership
confidence high
sentiment neutral
materiality 0.65
Pinterest appoints Julia Brau Donnelly as CFO effective June 20, 2023
PINTEREST, INC.
- Julia Brau Donnelly appointed CFO effective June 20; succeeds Todd Morgenfeld who departs July 1.
- Compensation: $600k salary, $13M RSUs vesting quarterly over 24 months, two $500k bonuses.
- Donnelly joins from Wayfair as VP, Global Head of Finance & Accounting; previously PE at Thomas H. Lee.
- Annual meeting: all 4 director nominees elected, say-on-pay approved, EY ratified; shareholder proposals rejected.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Julia Brau Donnelly was appointed as Chief Financial Officer at PINTEREST, INC..
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
On May 25, 2023, the Board of Directors (the “Board”) of Pinterest, Inc. (the “Company”) appointed Julia Brau Donnelly as the Chief Financial Officer of the Company effective as of June 20, 2023 (the “Effective Date”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PINTEREST, INC. shareholders rejected Stockholder proposal requesting additional reporting on government requests to remove content at the 2023-05-25 meeting.
- Outcome
- failed
- Meeting
- 2023-05-25
Exact text from the filing
5. Stockholder proposal requesting additional reporting on government requests to remove content For Against Abstain Broker Non-Votes 6,513,391 1,971,697,492 1,095,106 58,592,422 Based on the votes set forth above, the stockholders did not approve the stockholder proposal.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PINTEREST, INC. shareholders rejected Stockholder proposal requesting a report on certain data relating to anti-discrimination and anti-harassment at the 2023-05-25 meeting.
- Outcome
- failed
- Meeting
- 2023-05-25
Exact text from the filing
4. Stockholder proposal requesting a report on certain data relating to anti-discrimination and anti-harassment For Against Abstain Broker Non-Votes 108,884,453 1,869,262,203 1,159,333 58,592,422 Based on the votes set forth above, the stockholders did not approve the stockholder proposal.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PINTEREST, INC. shareholders approved Election of four Class I directors at the 2023-05-25 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
1. Election of directors Nominee For Against Abstain Broker Non-Votes Jeffrey Jordan 1,849,866,651 128,781,982 657,356 58,592,422 Jeremy Levine 1,807,669,530 170,981,806 654,653 58,592,422 Gokul Rajaram 1,903,336,472 75,341,531 627,986 58,592,422 Marc Steinberg 1,975,715,735 2,942,779 647,475 58,592,422 Based on the votes set forth above, each director nominee was duly elected to serve until the 2026 annual meeting of stockholders and until their successors have been duly elected and qualified, or until their office is otherwise vacated.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PINTEREST, INC. shareholders approved Advisory non-binding approval of compensation of named executive officers at the 2023-05-25 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
2. Approval, on an advisory non-binding basis, of the compensation of the Company's named executive officers For Against Abstain Broker Non-Votes 1,650,008,160 318,864,298 10,433,531 58,592,422 Based on the votes set forth above, the stockholders approved, on an advisory non-binding basis, the compensation of the Company’s named executive officers.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PINTEREST, INC. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-25 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
3. Ratification of appointment of independent registered public accounting firm For Against Abstain 2,034,913,511 2,420,654 564,246 Based on the votes set forth above, the stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year 2023.
View on SEC.gov
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