Early Observations of Shareholder Proposals
Forty-five days into the 2019 annual general meeting season, 42 S&P 500 companies have filed their annual proxies. With data from the CompanyIQ® SEC EDGAR database, this report makes some early observations about shareholder proposals that appear on those proxies and will be voted on at annual general meetings.
- 30% of S&P 500 companies face shareholder proposals for the 2019 annual general meeting year at this
- 34% of S&P 500 companies had shareholder proposals on their proxies last year for the same time period.
- Disney faces a novel shareholder proposal to establish cybersecurity and data privacy protections as a metric in determining executive
- Of the nine shareholder proposals that have been voted on year to date this season, only one was approved. That was the proposal on opioid use at Walgreens Boots.