A total of 97 people attended the annual shareholders meeting in Wilmington, Deleware on Thursday, May 13th.
Voting results indicate that a total of 2,749,518,893 shares of common stock and 70,800,727 shares of Class B Stock with a total aggregate of 4,964,094,864 votes were represented in person or by proxy at the annual meeting. These shares represented 89.6% of all the votes that could have been cast at the annual meeting.
Proposal 1. Election of Directors
Directors Elected:
| Stephen G. Butler Kimberly A. Casiano Anthony F. Earley, Jr. Edsel B. Ford II |
Richard A. Gephardt William Clay Ford, Jr. Irvine O. Hockaday, Jr. Richard A. Manoogian |
Ellen R. Marram Alan Mulally Homer A. Neal Gerald L. Shaheen John L. Thornton |
Proposal 2. The proposal to ratify the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm was approved.
| Total Votes Cast: For: Against: Abstain: |
4,964,094,864 99.2% 0.8% 0.4% |
Proposal 3. The proposal to approve the Tax Benefit Preservation Plan was approved.
| Total Votes Cast: For: Against: Abstain: |
4,067,561,235 96.2% 3.8% 0.5% |
Proposal 4. The proposal relating to disclosing any prior government affiliation of directors, officers, and consultants was rejected.
| Total Votes Cast: For: Against: Abstain: |
4,067,561,235 3.6% 96.5% 4.3% |
Proposal 5. The proposal relating to consideration of a recapitalization plan to provide that all of the Company’s outstanding common stock have one vote per share was rejected.
| Total Votes Cast: For: Against: Abstain: |
4,067,561,235 29.2% 70.8% 0.6% |
Proposal 6. The proposal relating to the Company issuing a report disclosing policies and procedures related to political contributions was rejected.
| Total Votes Cast: For: Against: Abstain: |
4,067,561,235 12.6% 87.4% 9.2% |
Proposal 7. The proposal requesting that the Board adopt a policy that provides shareholders the opportunity to cast an advisory vote to ratify the compensation of the Named Executives was rejected.
| Total Votes Cast: For: Against: Abstain: |
4,067,561,235 18.0% 82.0% 1.7% |
Proposal 8. The proposal relating to the Company not funding any energy savings projects that are solely concerned with CO2 reduction was rejected.
| Total Votes Cast: For: Against: Abstain: |
4,067,561,235 2.1% 97.9% 9.0% |
Article Provided by: www.blueovalnews.com
