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Micron Technology | 8-K: Poll Results of 2023 Stockholders Meeting

SEC ·  Jan 19, 2024 13:00

Summary by Futu AI

Micron Technology, Inc. held its fiscal 2023 Annual Meeting of Stockholders on January 18, 2024. During the meeting, all nominees for Director were elected to the company's board, with Richard M. Beyer, Lynn A. Dugle, and others securing their positions until the next annual meeting. Additionally, the stockholders approved, on a non-binding advisory basis, the compensation of the Named Executive Officers and the frequency of such votes to be held every year. The appointment of PricewaterhouseCoopers LLP as the Independent Registered Public Accounting Firm for the fiscal year ending August 29, 2024, was ratified with a significant majority. However, a stockholder proposal regarding the ratification of excessive termination pay was not approved. The meeting's outcomes are in line with the Board's recommendations and will guide the company's governance and executive compensation practices for the following year.
Micron Technology, Inc. held its fiscal 2023 Annual Meeting of Stockholders on January 18, 2024. During the meeting, all nominees for Director were elected to the company's board, with Richard M. Beyer, Lynn A. Dugle, and others securing their positions until the next annual meeting. Additionally, the stockholders approved, on a non-binding advisory basis, the compensation of the Named Executive Officers and the frequency of such votes to be held every year. The appointment of PricewaterhouseCoopers LLP as the Independent Registered Public Accounting Firm for the fiscal year ending August 29, 2024, was ratified with a significant majority. However, a stockholder proposal regarding the ratification of excessive termination pay was not approved. The meeting's outcomes are in line with the Board's recommendations and will guide the company's governance and executive compensation practices for the following year.

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