Independent
Tenure on this board
12.4 yrs
Also a director at
Ciena Corp (CIEN)
10 nominees · 5 ballot items.
Elect ten directors; approve executive compensation (say-on-pay); ratify Deloitte & Touche LLP as auditor; approve amendment to Certificate of Incorporation to add officer exculpation; vote on stockholder proposal to permit written consent by a majority without certain procedural safeguards.
Elect ten director nominees to serve until the 2027 Annual Meeting.
Non-binding advisory vote to approve the compensation paid to named executive officers.
Ratify Deloitte & Touche LLP as the Company’s independent auditor for fiscal year 2027.
Amend Certificate of Incorporation to add officer exculpation for breach of duty of care to the fullest extent permitted by Delaware law.
Stockholder proposal requesting the Board to permit written consent by stockholders holding the minimum votes necessary to authorize action, without additional procedural requirements; proposer argues written consent aids timely action and criticizes company’s special meeting thresholds.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.56% | 12,885,538 | $2.0B |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.25% | 12,276,980 | $1.9B |
| 3 | STATE STREET CORP | 5.05% | 9,921,533 | $1.5B |
| 4 | PRIMECAP MANAGEMENT CO/CA/ | 4.59% | 9,016,690 | $1.4B |
| 5 | BlackRock, Inc. | 4.22% | 8,297,430 | $1.3B |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 2.92% | 5,728,305 | $887M |
| 7 | AMERIPRISE FINANCIAL INC | 2.20% | 4,321,046 | $669M |
| 8 | NORGES BANK | 2.12% | 4,170,849 | $645M |
| 9 | BlackRock, Inc. | 2.06% | 4,053,071 | $627M |
| 10 | WELLINGTON MANAGEMENT GROUP LLP | 1.80% | 3,535,365 | $547M |
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.