Summary by Moomoo AI
AT&T Inc. held its 2024 Annual Meeting of Stockholders virtually on May 16, 2024, with a significant 72.99% of common shares represented. During the meeting, all nominated directors were elected by a majority of votes cast. Notably, Scott T. Ford received the highest approval with 97.60% votes in favor. The ratification of the appointment of Independent Auditors and the advisory approval of executive compensation were both passed with a majority of votes. However, shareholder proposals, including the appointment of an Independent Board Chairman, improvement of the clawback policy for unearned executive pay, and a report on respecting workforce civil liberties, were defeated, failing to receive the majority of votes cast. The results reflect the shareholders' support for the current board and executive compensation policies, while signaling a lack of support for the proposed changes to corporate governance and workforce policies.
