other material
confidence high
sentiment negative
materiality 0.15
Otis shareholders reject advisory vote on executive compensation at 2025 annual meeting
Otis Worldwide Corp
- Say-on-pay proposal failed: 131M for, 202M against, 1M abstentions.
- All 11 director nominees elected; closest vote: Shailesh Jejurikar with 23.5M votes against.
- Shareholder proposal on political contributions reporting also defeated (133M for, 199M against).
- PricewaterhouseCoopers ratified as independent auditor for 2025 with 357M votes for.
- Over 358M shares represented (90.5% of 395.6M outstanding); quorum present.