AGM/EGMMay 18, 2026, 04:37 PM
onsemi Stockholders Elect Directors, Approve Simple Majority Voting
AI Summary
onsemi announced an extension of Simon Keeton's final day of employment to September 30, 2026, to support an orderly transition. At its 2026 Annual Meeting of Stockholders, seven directors were elected for one-year terms. Stockholders also approved the advisory resolution on executive compensation and ratified PricewaterhouseCoopers LLP as the independent auditor. Additionally, a stockholder proposal regarding simple majority voting was approved.
Key Highlights
- Simon Keeton's employment extended to September 30, 2026, for orderly transition.
- Seven directors elected for one-year terms at the Annual Meeting.
- Advisory resolution to approve executive compensation passed with 320,342,318 votes For.
- PricewaterhouseCoopers LLP ratified as independent auditor with 337,232,526 votes For.
- Stockholder proposal for simple majority voting approved with 333,533,083 votes For.
Price Impact
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