April 24th, 2014
April 24th 2014 – Today, Johnson & Johnson held its 126th Annual Meeting of Shareholders in New Brunswick, NJ.
Here is a recap of the official business from today’s meeting, including preliminary voting results:
1) Election of Directors: All 12 Director nominees were elected to serve one-year terms on the Board of Directors with a range of support of 89.8 to 99.6 percent of the votes cast. Alex Gorsky (Chairman/CEO) received the support of 97.2 percent. A full list of our Board members, including their biographies, can be found in the Corporate Governance section of the investor.jnj.com website.
2) Advisory Vote to Approve Named Executive Officer Compensation: In this advisory vote, our shareholders approved the company’s executive compensation philosophy, policies and procedures and the compensation of the executive officers named in the 2014 Proxy Statement with the support of 96.3 percent of the votes cast.
3) Ratification of Appointment of Independent Registered Public Accounting Firm: Our shareholders approved the appointment of PricewaterhouseCoopers LLP to serve as our independent auditors for fiscal 2014 with the support of 98.8 percent of the votes cast.
4) Shareholder Proposal – Executives to Retain Significant Stock: This proposal, made by Mr.