This Week in AGMs
This past and upcoming week in shareholder meetings - what happened, what to expect
If you missed it, catch last week's TWAGM here
This past week:
Shareholder proposals at…
Costco Wholesale (COST) - Fiduciary Carbon-Emission Relevance Report: 1.9%
This was from an ‘anti-ESG’ proponent, National Center for Public Policy Research
If you missed it earlier this week, see details of the proposal here
Visa (V) - Shareholder Ratification of Termination Pay: 7.1%
Intuit (INTU) - Retirement Plan Investment Report: 13.2%
Low director (re)election support at…
Duckhorn Portfolio Inc (NAPA)
Charles Esserman: 79.3%
Michelle Gloeckler: 81.5%
Capitol Federal Financial (CFFN)
Morris J. Huey, II: 76.3%
Carlton A. Ricketts: 56.3%
Low compensation-related items at…
Scotts Miracle-Gro (SMG) - Amendment to the Lon-Term Incentive Plan: 67.1%
Air Products & Chemicals (APD) - Say-on-Pay: 72.9%
Super Micro Computer (SMCI) - Equity and Incentive Compensation Plan: 69%
Note at…
Acuity Brands (AYI) - Officer Exculpation Amendment: 83.7%
Upcoming meetings this week:
Energizer Holdings Inc (ENR)
Audit Committee Chair Robert V. Vitale received 81.9% last AGM
Digi International (DGII)
Aramark (ARMK)
Azenta (AZTA)
Polished.com (POL): *contested*
Schnitzer Steel Industries (RDUS)
Bellring Brands (BRBR)
LID, Comp Chair Elliot H. Stein, Jr. received 72.6% support last AGM; however, as this is a classified board, Stein will not be up for reelection this AGM
Hormel Foods (HRL)
Immunogen (IMGN): merger with AbbVie Inc.
Sage Therapeutics (SAGE)
Pricesmart (PSMT)
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One omission from this week’s meetings: proxy contest at Ocean Power Technologies (OPTT) - see the following link where company discloses that both ISS and Glass Lewis recommend support for OPTT: https://www.sec.gov/Archives/edgar/data/1378140/000149315224004057/0001493152-24-004057-index.html