Shareholders approved Apple s recommended proposals, shot down two that it recommended against, and asked a range of questions at the company s annual shareholder meeting.
During the online-only meeting, stockholders voted on the election of directors to Apple s Board. The shareholders approved all nominees, which included James Bell, Tim Cook, Al Gore, Andrea Jung, Art Levinson, Ron Sugar, and Sue Wagner.
As far as proposals, shareholders voted yes on the two proposals that Apple recommended and voted against the two proposals that it didn t.
The passing proposals were the re-appointment of Apple s public accounting firm for auditing purposes and the approval of Apple s executive compensation. The two failed proposals, both submitted by shareholders, focused on amending proxy access for director nominations and improvements to Apple s executive compensation program.
Apple s annual shareholders meeting will be held virtually this year as the company continues to follow strict precautionary guidelines to avoid spread of the coronavirus pandemic.
On Feb. 23, shareholders will cast votes on measures ranging from the election of the company s board of executives to two shareholder proposals, according to a proxy statement filed with the U.S. Securities and Exchange Commission on Tuesday.
Shareholders of record, or those who owned Apple stock at the close of business on Dec. 28, 2020, are invited to participate by registering via a virtual meeting website, though votes can also be cast through proxyvote.com.
Apple's annual shareholders meeting will be held virtually this year as the company continues to follow strict precautionary guidelines to avoid spread of the coronavirus pandemic.