Summary
Becton, Dickinson and Company (BD) filed an 8-K report on January 24, 2019, detailing the results of its Annual Meeting of Shareholders held on January 22, 2019. The report indicates strong shareholder support for the company's board of directors, with all nominees for director being overwhelmingly elected. This reflects confidence in the current leadership and governance of the company. Furthermore, shareholders ratified the appointment of Ernst & Young as BD's independent registered public accounting firm for fiscal year 2019, indicating continued trust in the firm's audit services. The compensation of named executive officers was also approved on an advisory, non-binding basis, suggesting general shareholder agreement with the company's executive compensation practices. Finally, a shareholder proposal regarding an amendment to the company's certificate of incorporation was approved, signifying a willingness by shareholders to support company-initiated governance changes.
Key Highlights
- 1All director nominees were overwhelmingly elected at the Annual Meeting of Shareholders.
- 2Ernst & Young was ratified as the independent registered public accounting firm for fiscal year 2019.
- 3Shareholders approved, on an advisory, non-binding basis, the compensation of named executive officers.
- 4A shareholder proposal to amend the Company's certificate of incorporation was approved.
- 5The election of directors saw significant 'For' votes, with many nominees receiving over 214 million 'For' votes.
- 6Broker non-votes were present for all director elections and the executive compensation vote, totaling approximately 24.8 million votes.