AGM/EGMMay 7, 2026, 04:25 PM
GE Aerospace Shareholders Approve Amended LTIP, Elect Directors
AI Summary
GE Aerospace held its annual shareholders meeting on May 5, 2026, where shareholders approved all management proposals. Key approvals included the election of all director nominees, the advisory vote on executive compensation, and the Amended Long-Term Incentive Plan which reduces reserved shares to 50 million and extends its term to 2036. Shareholders also approved the Global Employee Stock Purchase Plan and ratified Deloitte & Touche LLP as the independent auditor. A shareholder proposal requesting a report on defense-related products was not approved.
Key Highlights
- Shareholders elected all nine of GE Aerospace's director nominees at the Annual Meeting.
- The advisory vote on named executives' compensation ("Say on Pay") was approved with 753,387,208 votes For.
- The Amendment and Restatement of the 2022 Long-Term Incentive Plan (Amended LTIP) was approved, decreasing reserved shares to 50 million and extending the term to May 5, 2036.
- The GE Aerospace Global Employee Stock Purchase Plan (ESPP) was approved with 781,362,261 votes For.
- The appointment of Deloitte & Touche LLP as independent auditor for 2026 was ratified with 890,062,125 votes For.
- A shareholder proposal requesting a report on defense-related products was not approved, receiving 712,594,807 votes Against.
Price Impact
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