other
confidence high
sentiment neutral
materiality 0.15
Kinder Morgan amends bylaws to revise stockholder nomination procedures and voting standards
KINDER MORGAN, INC.
- Advance notice provisions for director nominations revised: defined terms, removed 'acting in concert' requirement, set deadline for nominee questionnaire.
- Board reserves white proxy cards for its own use; any stockholder soliciting proxies must use a different color.
- Clarified default voting standard for stockholder actions other than director elections; abstentions effect detailed.
- Board no longer required to elect officers annually; officers may serve until successor is chosen or removed.
- Other non-substantive, technical, and conforming changes effective January 22, 2025.