Cboe Global Markets Announces 2024 Annual Meeting Results
Cboe Global Markets (CBOE) announced the preliminary results of its 2024 Annual Meeting. All 12 nominees for the board of directors, who served during the 2023-2024 term, have been re-elected with a majority vote. The board members will serve one-year terms expiring in 2025. Key approvals included executive compensation, the appointment of KPMG LLP as the independent public accounting firm for 2024, and a management proposal allowing stockholders with 25% ownership to call special meetings. However, a proposal to grant stockholders the same right at a 10% ownership threshold was rejected. Full details can be found in the proxy statement on the Cboe investor relations website.
- All 12 board of director nominees received majority votes, ensuring continuity in leadership.
- Shareholders approved the executive compensation plan, reflecting confidence in the company's management.
- KPMG LLP was ratified as the independent public accounting firm for 2024, ensuring continued financial oversight.
- A proposal allowing stockholders holding 25% ownership to call special meetings was approved, enhancing shareholder rights.
- An advisory proposal to allow stockholders with 10% ownership to call special meetings was rejected, which may be seen as limiting shareholder influence.
All 12 board of director nominees served during the 2023-2024 board term and received a majority of votes cast. The board members re-elected to serve one-year terms expiring in 2025 are:
- William M. Farrow, III
- Fredric J. Tomczyk
- Edward J. Fitzpatrick
- Ivan K. Fong
- Janet P. Froetscher
- Jill R. Goodman
- Erin A.
Mansfield - Cecilia H. Mao
- Alexander J. Matturri, Jr.
- Jennifer J. McPeek
- Roderick A. Palmore
- James E. Parisi
In other proposals, shareholders:
- approved, in a non-binding resolution, the compensation paid to the company's executive officers;
- ratified the appointment of KPMG LLP as the company's independent registered public accounting firm for the 2024 fiscal year;
- approved an advisory management proposal to provide stockholders the right to call a special meeting of stockholders at a
25% ownership threshold; and - rejected an advisory stockholder proposal to provide stockholders the right to call a special meeting of stockholders at a
10% ownership threshold.
Additional information about each of the matters acted upon by shareholders at the Annual Meeting is in the proxy statement that was furnished to shareholders in connection with the meeting. The proxy statement is also available in the Investor Relations section of www.cboe.com. The final vote totals for the matters acted upon by shareholders at the Annual Meeting will be reported in a current report on Form 8-K filing with the SEC and posted on http://ir.cboe.com.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across
Media Contacts | Cboe Analyst Contact | ||||
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SOURCE Cboe Global Markets, Inc.
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