01—Abstract
Summary
Summary of the 8-K filed May 20, 2024. Cited figures are marked; the original filing is the authoritative source.
Illumina, Inc. filed this Form 8-K to report the results of its 2024 annual meeting of stockholders, held on May 16, 2024.
Stockholders present in person or by proxy, representing 141,833,073 shares of common stock, voted on three proposals, and all three were approved. Stockholders elected all eleven director nominees to serve one-year terms until the 2025 annual meeting. Each nominee received more votes for than against, though the margins varied.
Stockholders also ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 29, 2024, with 133,843,089 votes for, 6,822,753 against and 1,167,231 abstaining. In an advisory vote, stockholders approved the compensation paid to the company's named executive officers as disclosed in the proxy statement, with 113,511,456 votes for, 16,719,619 against and 1,063,352 abstaining. Broker non-votes were 10,538,646 on the director and say-on-pay proposals.
02—Key points
Key Highlights
- Annual meeting held May 16, 2024, with 141,833,073 shares of common stock represented in person or by proxy.
- All eleven director nominees were elected to one-year terms ending at the 2025 annual meeting, including Frances Arnold, Caroline Dorsa, Robert Epstein, Scott Gottlieb, Gary Guthart, Stephen MacMillan, Anna Richo, Philip Schiller, Susan Siegel, Jacob Thaysen and Scott Ullem.
- Ernst & Young LLP was ratified as independent registered public accounting firm for the fiscal year ending December 29, 2024, with 133,843,089 votes for.
- The advisory say-on-pay proposal on named executive officer compensation was approved, with 113,511,456 votes for and 16,719,619 against.
- Susan Siegel received 120,532,507 votes for and 9,714,257 against, the highest number of against votes among the director nominees.
- Broker non-votes totaled 10,538,646 on the director election and say-on-pay proposals.
03—Questions
Frequently Asked Questions
When and where was Illumina's 2024 annual meeting held?
The 2024 annual meeting of stockholders was held on May 16, 2024. The filing does not state the meeting location.
Which proposals did stockholders vote on at the 2024 annual meeting?
Stockholders voted on three proposals: the election of eleven directors, the ratification of Ernst & Young LLP as the independent registered public accounting firm for fiscal 2024, and an advisory vote approving named executive officer compensation as disclosed in the proxy statement. All three were approved.
Did stockholders support the executive compensation proposal?
Yes. The advisory say-on-pay proposal was approved, with 113,511,456 votes for, 16,719,619 votes against, 1,063,352 abstentions and 10,538,646 broker non-votes.
Who is Illumina's independent auditor for fiscal 2024?
Stockholders ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 29, 2024, with 133,843,089 votes for, 6,822,753 against and 1,167,231 abstaining.
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