PALO ALTO, CA--(Marketwired - Mar 19, 2015) - HP (NYSE: HPQ) held its 2015 annual meeting of stockholders on March 18, 2015.
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:
|Name||Votes For as a % of Votes Cast|
|Marc L. Andreessen||85.52%|
|Robert R. Bennett||98.31%|
|Rajiv L. Gupta||97.35%|
|Raymond J. Lane||85.25%|
|Ann M. Livermore||98.84%|
|Raymond E. Ozzie||99.25%|
|Gary M. Reiner||98.01%|
|Patricia F. Russo||96.29%|
|James A. Skinner||98.41%|
|Margaret C. Whitman||95.74%|
HP stockholders ratified the appointment of Ernst & Young LLP as HP's independent registered public accounting firm for the 2015 fiscal year with 96.03 percent of voted shares 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 95.20 percent of voted shares voting for this proposal.
HP stockholders did not approve the stockholder proposal related to the adoption of a bylaw allowing for stockholder action by written consent, with 42.94 percent of voted shares voting for this proposal.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.
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