PALO ALTO, CA--(Marketwired - Mar 20, 2014) - HP (
At the meeting, HP stockholders voted on four proposals and cast their votes as described below:
HP stockholders elected 12 individuals to the board of directors:
|Votes For as a %|
|Name||of Votes Cast|
|Marc L. Andreessen||76%|
|Robert R. Bennett||97%|
|Rajiv L. Gupta||89%|
|Raymond J. Lane||74%|
|Ann M. Livermore||99%|
|Raymond E. Ozzie||99%|
|Gary M. Reiner||99%|
|Patricia F. Russo||97%|
|James A. Skinner||99%|
|Margaret C. Whitman||99%|
|Ralph V. Whitworth||99%|
HP stockholders ratified the appointment of Ernst & Young LLP as HP's independent registered public accounting firm for the 2014 fiscal year with 94 percent of the shares entitled to vote voting for this proposal.
With respect to the advisory vote to approve executive compensation, which is based on a pay-for-performance philosophy and is structured to balance near-term results with long-term success -- enabling HP to attract, retain, focus and reward the executive team for delivering stockholder value -- HP stockholders approved the proposal with 90 percent of the share entitled to vote voting for this proposal.
HP stockholders did not approve the stockholder proposal related to the formation of a human rights committee, with 4 percent of the shares entitled to vote voting for this proposal.
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