01—Abstract
Summary
Summary of the 8-K filed May 13, 2025. Cited figures are marked; the original filing is the authoritative source.
Loews Corporation held its 2025 Annual Meeting of Shareholders on May 13, 2025, and shareholders voted on four proposals.
All ten director nominees were elected, including Ann E. Berman, Charles D. Davidson, Charles M.
Diker, Paul J. Fribourg, Walter L. Harris, Jonathan C.
Locker, Susan P. Peters, Alexander H. Tisch, Benjamin J.
Tisch, and James S. Tisch. Paul J.
Fribourg received the most votes against (20,861,852), while Benjamin J. Tisch received the fewest (1,869,284). Shareholders also approved, on an advisory basis, the compensation of the named executive officers (Say on Pay), with 181,013,530 votes for and 10,983,925 votes against.
They ratified Deloitte & Touche LLP as the independent auditor for 2025, with 191,525,321 votes for and 7,592,340 against. Shareholders approved the Loews Corporation 2025 Incentive Compensation Plan, with 161,299,361 votes for, 30,701,749 votes against, 191,524 abstentions, and 7,043,046 broker non-votes. The Item 9.01 section refers to exhibits but does not describe any financial results or transactions.
02—Key points
Key Highlights
- All ten director nominees were elected at the May 13, 2025 Annual Meeting.
- Paul J. Fribourg had the most votes against any director nominee, at 20,861,852.
- Say on Pay was approved, with 181,013,530 votes for and 10,983,925 votes against.
- Deloitte & Touche LLP was ratified as the independent auditor for 2025, with 191,525,321 votes for and 7,592,340 against.
- The Loews Corporation 2025 Incentive Compensation Plan was approved, with 161,299,361 votes for and 30,701,749 votes against.
- The 2025 Incentive Compensation Plan drew the most opposition of the four proposals, with 30,701,749 votes against.
- The filing reports only shareholder voting results and no financial results.
03—Questions
Frequently Asked Questions
Which proposals were voted on at Loews Corporation's 2025 Annual Meeting?
Shareholders voted on four proposals: the election of ten directors, an advisory Say on Pay vote on named executive officer compensation, ratification of Deloitte & Touche LLP as the 2025 independent auditor, and approval of the Loews Corporation 2025 Incentive Compensation Plan.
Did shareholders approve the executive compensation proposal?
Yes. Shareholders approved the Say on Pay proposal on an advisory basis, with 181,013,530 votes for, 10,983,925 votes against, and 195,179 abstentions, plus 7,043,046 broker non-votes.
Was the 2025 Incentive Compensation Plan approved, and how close was the vote?
Yes, shareholders approved the plan with 161,299,361 votes for and 30,701,749 votes against. The vote also included 191,524 abstentions and 7,043,046 broker non-votes.
Who was ratified as Loews Corporation's independent auditor for 2025?
Shareholders ratified Deloitte & Touche LLP, with 191,525,321 votes for, 7,592,340 votes against, and 118,019 abstentions.
04—Continue