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Nike | 8-K: Poll Results of 2024 Stockholders Meeting

SEC ·  Sep 14 04:22

Summary by Futu AI

Nike, Inc. held its annual shareholder meeting virtually on September 10, 2024, where several key proposals were voted upon. The election of directors saw Timothy Cook, John Donahoe II, Thasunda Duckett, Mónica Gil, Maria Henry, Peter Henry, Travis Knight, Mark Parker, and Michelle Peluso elected by holders of Class A Common Stock, with Travis Knight receiving unanimous support. Holders of Class B Common Stock elected Cathleen Benko, John Rogers, Jr., and Robert Swan, with Swan receiving the highest number of votes for. The advisory vote on executive compensation was approved, as was the ratification of PricewaterhouseCoopers LLP as the company's independent accounting firm for the upcoming fiscal year. However, all shareholder proposals regarding supplemental pay equity disclosure, supply chain management report, worker-driven social responsibility, environmental targets, and a divisive partnerships congruency report were rejected. The meeting concluded with the formal signing of the report by Matthew Friend on September 13, 2024.
Nike, Inc. held its annual shareholder meeting virtually on September 10, 2024, where several key proposals were voted upon. The election of directors saw Timothy Cook, John Donahoe II, Thasunda Duckett, Mónica Gil, Maria Henry, Peter Henry, Travis Knight, Mark Parker, and Michelle Peluso elected by holders of Class A Common Stock, with Travis Knight receiving unanimous support. Holders of Class B Common Stock elected Cathleen Benko, John Rogers, Jr., and Robert Swan, with Swan receiving the highest number of votes for. The advisory vote on executive compensation was approved, as was the ratification of PricewaterhouseCoopers LLP as the company's independent accounting firm for the upcoming fiscal year. However, all shareholder proposals regarding supplemental pay equity disclosure, supply chain management report, worker-driven social responsibility, environmental targets, and a divisive partnerships congruency report were rejected. The meeting concluded with the formal signing of the report by Matthew Friend on September 13, 2024.

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