other material
confidence high
sentiment neutral
materiality 0.15
Otis annual meeting: shareholders reject majority voting proposal; CEO Marks gets 5.6% against votes
Otis Worldwide Corp
- All 11 director nominees elected; CEO Judith F. Marks received 18.4M against votes (5.6% of votes cast).
- Advisory say-on-pay approved with ~89% support (295.9M for, 36.6M against).
- Shareholders rejected majority voting in director elections (39.7M for vs 293.4M against).
- PricewaterhouseCoopers ratified as independent auditor with 99.8% support.