Corporate GovernanceJun 25, 2026, 04:12 PM
GE Aerospace Amends By-Laws to Update Nomination & Forum Rules
AI Summary
General Electric Company, operating as GE Aerospace, amended its By-Laws, effective June 25, 2026. The amendments update procedures and information requirements for Board nominations, including compliance with Rule 14a-19, and mandate a non-white proxy card for soliciting shareholders. Additionally, the revised By-Laws designate exclusive forums for certain legal actions, such as derivative claims and Securities Act claims, in New York state and federal courts.
Key Highlights
- Amended By-Laws effective June 25, 2026.
- Supplemented procedures for Board nominations, including Rule 14a-19.
- Required nominee information to be true as of record date and 10 business days prior to meeting.
- Mandated non-white proxy card for shareholders soliciting proxies.
- Designated New York courts as exclusive forum for state corporate law claims.
- Designated federal district courts as exclusive forum for Securities Act claims.
Price Impact
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