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DETROIT, June 4, 2019 /PRNewswire/ -- General Motors Co. (NYSE:GM) announced today at its annual meeting of shareholders the preliminary results of voting, representing 90 percent of shares eligible to be voted.
Item 1: Election of directors.
Average percentage of votes cast "for" each | 99% |
Item 2: Advisory vote to approve named executive officer compensation.
Percentage of votes cast "for" Item 2 | 97% |
Item 3: Ratification of the selection of Ernst & Young LLP as the company's independent registered public accounting firm for 2019.
Percentage of votes cast "for" Item 3 | 99% |
Item 4: Shareholder proposal regarding independent board chairman.
Percentage of votes cast "for" Item 4 | 37% |
Item 5: Shareholder proposal regarding lobbying communications and activities.
Percentage of votes cast "for" Item 5 | 29% |
The Board and its committees will consider the results of today's votes when evaluating the company's governance and compensation practices.
Final voting results will be filed with the U.S. Securities and Exchange Commission on Form 8-K and posted to www.gm.com once they are certified by the independent inspector of elections.
General Motors Co. (NYSE:GM) has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
SOURCE General Motors Co.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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