Not independent
Tenure on this board
8.4 yrs
8 nominees · 3 ballot items.
Elect eight directors; ratify Deloitte & Touche LLP as independent auditors; advisory (non-binding) approval of executive compensation.
Elect eight directors to serve until the 2027 Annual Meeting of Stockholders.
Ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026.
Advisory vote to approve the compensation of the named executive officers as disclosed in the proxy statement.
Proposal asks shareholders to cast a non-binding advisory vote approving the Company’s named executive officer compensation as disclosed in the proxy. Management seeks endorsement to validate its compensation program, which emphasizes at-risk elements and alignment with company performance, and has recently revised its compensation framework to increase performance-based equity and operational metrics. The Board recommends approval and will consider the vote outcome when setting future pay. Context includes prior say-on-pay results and subsequent changes to the executive compensation program in response to stockholder feedback; the vote does not bind the Company but functions as important investor feedback on pay-for-performance alignment.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 3.0% | 19,638,399 | $1.1B |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.8% | 18,384,243 | $991M |
| 3 | STATE STREET CORP | 2.1% | 14,240,118 | $767M |
| 4 | BlackRock, Inc. | 1.7% | 11,500,242 | $620M |
| 5 | PRICE T ROWE ASSOCIATES INC /MD/ | 1.5% | 9,894,687 | $533M |
| 6 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.3% | 8,582,962 | $462M |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 1.1% | 7,510,418 | $403M |
| 8 | AQR CAPITAL MANAGEMENT LLC | 1.1% | 7,347,472 | $388M |
| 9 | D. E. Shaw Co., Inc.Activist | 1.0% | 6,390,905 | $344M |
| 10 | BlackRock, Inc. | 0.9% | 6,261,658 | $337M |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.