Summary by Futu AI
On June 18, 2024, Block, Inc. conducted its annual meeting of stockholders, where several key proposals were voted upon. The agenda included the election of two Class III directors to serve until the 2027 annual meeting, an advisory vote on the compensation of the company's named executive officers, and the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. The stockholders elected Randall Garutti and Mary Meeker as Class III directors. The compensation of the named executive officers was approved, and Ernst & Young LLP was ratified as the company's independent auditor for the upcoming fiscal year. The meeting saw a quorum with 89.06% of the voting power present, with Class A and Class B common stock voting together on all matters.