Win McNamee
- JPMorgan Chase (NYSE: JPM) shareholders rejected all shareholder proposals at the company’s general meeting on Tuesday, the bank revealed in a filing on Thursday.
- However, the proposal to separate the roles of president and CEO received the greatest support among the six proposals presented by shareholders. 42.67% of shares voted for the independent chairman of the management board.
- The proposal against excessive golden parachutes also gained considerable support, with 40.66% of votes in favor of its adoption.
- Approximately 30.41% of the vote was in favor of the proposal on indigenous rights indicators.
- Each of the remaining three shareholder proposals received less than 10% of the votes in favor of the resolution. The topics covered: humanitarian threats resulting from climate change policy; equalization of proxy voting; and a report on due diligence in conflict-affected and high-risk areas.
