AGM/EGMMay 8, 2026, 04:19 PM
Allison Transmission Stockholders Elect Directors, Ratify PwC
AI Summary
Allison Transmission Holdings Inc. announced that its stockholders, at the annual meeting on May 6, 2026, elected nine directors for one-year terms, ratified PricewaterhouseCoopers LLP as the independent auditor for 2026, and approved the compensation paid to named executive officers in an advisory vote. Additionally, the Compensation Committee approved Eric C. Scroggins, Chief Legal Officer and Assistant Secretary, as a Tier 1 Participant in the Executive Change in Control and Severance Plan, upgrading his previous Tier 1/2 designation.
Key Highlights
- Stockholders elected nine directors for one-year terms ending at the 2027 annual meeting.
- PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for 2026.
- Executive compensation was approved in an advisory, non-binding vote.
- Chief Legal Officer Eric C. Scroggins' participation in the Severance Plan was upgraded to Tier 1.
- PwC ratification received 77,162,806 "FOR" votes.
- Executive compensation received 70,176,855 "FOR" votes.
- Director D. Scott Barbour received 72,593,397 "FOR" votes.
Price Impact
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