other material
confidence high
sentiment neutral
materiality 0.55
GoDaddy adopts majority voting, plans to declassify board and eliminate supermajority provisions
GoDaddy Inc.
- Board amended bylaws to adopt majority voting standard in uncontested director elections.
- Board will recommend eliminating classified board structure at 2022 annual meeting.
- Board will recommend eliminating supermajority threshold for charter and bylaw amendments.
- Compensation Committee charter updated to include human capital management oversight.
- Policy expanded to prohibit pledging of company shares by directors and employees.