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Meeting calendar
OGN · Annual meeting · Tuesday, June 9, 2026

Organon & Co

10 nominees · 4 ballot items.

Election of ten directors; Advisory approval of named executive officer compensation (say-on-pay); Approval of an amendment and restatement of the 2021 Incentive Stock Plan to add 8,000,000 shares; Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026.

Market cap
$3.6B
1Y TSR
+37.8%
Board grade
C
Record date
Apr 14, 2026
Filing
DEF 14A
Meeting concluded · Jun 9, 2026

Follow how the vote landed and what changed on Organon & Co’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot4

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Election of ten director nominees to serve one-year terms until the 2027 annual meeting.

  2. 2

    Approval, on a Non-Binding Advisory Basis, of the Compensation of Organon’s Named Executive Officers

    ManagementBoard: FOR

    Non-binding advisory (say-on-pay) vote to approve the compensation of Organon’s named executive officers as disclosed in the proxy.

    More detail

    The vote asks shareholders to approve, on a non-binding advisory basis, the company’s compensation policies and payouts for named executive officers as detailed in the CD&A and compensation tables. Management seeks endorsement to confirm alignment between pay and performance; the Board recommends a FOR vote citing the program’s pay-for-performance design, governance controls (clawback, limits, stock ownership guidelines), and recent adjustments following shareholder engagement. The proposal is advisory only and does not bind the Board; however, the Talent Committee will consider results when making future compensation decisions. Context includes a 2025 AIP payout of 72% of target, 2023 PSUs paid at 58.01% of target, executive changes during 2025 including CEO resignation, and governance responses such as reductions of payouts for employees involved in sales practice issues. The Board argues the compensation suite supports retention and aligns incentives, while shareholders may weigh realized pay, pay vs performance metrics, and recent corporate governance events when voting.

  3. 3

    Approval of an Amendment and Restatement of the Organon & Co. 2021 Incentive Stock Plan

    ManagementBoard: FOR

    Approve amendment to the 2021 Incentive Stock Plan to increase the share reserve by 8,000,000 shares.

    More detail

    Management requests shareholder approval to amend and restate the 2021 Incentive Stock Plan to increase the share reserve by 8,000,000 shares to a total of 50,800,000. The Talent Committee evaluated dilution metrics including a 3-year average burn rate of ~3.07% and current overhang of ~2.3%, which would increase to ~5.0% if approved. The rationale is to ensure sufficient runway to grant equity awards for recruitment, retention and performance alignment; management emphasizes prudent use of equity, ongoing oversight, and share-count governance. Shareholders should consider dilution impact, historical burn rate, the company’s equity award practices, and the context of recent executive compensation outcomes and corporate events. The plan includes standard provisions on amendments, successor assumption, minimum vesting, and limitations on counting shares and repricing without shareholder approval.

  4. 4

    Ratification of the Appointment of PricewaterhouseCoopers LLP as Independent Registered Public Accounting Firm for 2026

    ManagementBoard: FOR

    Ratify PwC as Organon’s independent registered public accounting firm for 2026.

    More detail

    The Audit Committee asks shareholders to ratify the appointment of PwC for 2026. The Committee evaluated PwC’s qualifications, independence, and historical performance since retention in 2019 and concluded continued retention is appropriate. Ratification is discretionary but considered best practice and provides shareholder input; fees for 2025 were $15.239 million across audit, audit-related, tax and other services. If shareholders do not ratify, the Audit Committee will reconsider the appointment. The proposal is routine and typically receives broad support; considerations include auditor tenure, fee levels, and non-audit services but the Audit Committee monitors independence and pre-approval procedures.

Director elections

Nominees on the ballot10

Not independent
Tenure on this board
5.1 yrs
Also a director at
Texas Instruments Inc (TXN)Solventum Corp (SOLV)
Independent
Tenure on this board
5.1 yrs
Also a director at
Corebridge Financial Inc (CRBG)
Independent
Tenure on this board
1.1 yrs
Also a director at
Edwards Lifesciences Corp (EW)
Independent
Tenure on this board
5.1 yrs
Also a director at
Neurocrine Biosciences Inc (NBIX)Septerna Inc (SEPN)Beone Medicines Ltd (ONC)
Ownership

Top institutional holders10

Latest 13F quarter
1BlackRock, Inc.8.5%22,220,787$133M
2VANGUARD PORTFOLIO MANAGEMENT LLC8.3%21,846,036$131M
3VANGUARD CAPITAL MANAGEMENT LLC4.5%11,737,018$70M
4STATE STREET CORP3.8%9,956,774$60M
5LSV ASSET MANAGEMENT2.8%7,259,730$43M
6BlackRock, Inc.2.6%6,937,072$42M
7MILLENNIUM MANAGEMENT LLC2.6%6,781,535$41M
8KAHN BROTHERS GROUP INC2.1%5,536,993$33M
9CANADA PENSION PLAN INVESTMENT BOARD1.9%5,011,100$30M
10PRIVATE MANAGEMENT GROUP INC1.7%4,374,108$26M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Organon & Co 2026 annual meeting?
Organon & Co (OGN) holds its 2026 annual shareholder meeting on Tuesday, June 9, 2026.
What is the record date for the Organon & Co 2026 meeting?
The record date for the Organon & Co 2026 meeting is Tuesday, April 14, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Organon & Co's 2026 meeting?
The board is presenting 10 director nominees at the Organon & Co 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Organon & Co 2026 meeting?
Shareholders will vote on 4 proposals at the Organon & Co 2026 meeting, each tagged with who proposed it and the board's recommendation.
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