Nasdaq Announces Results from 2021 Annual Meeting of Shareholders

Rhea-AI Summary

On June 15, 2021, Nasdaq shareholders re-elected all nominated directors at the Annual Meeting of Shareholders, with Michael R. Splinter continuing as Chairman. Key elected board members include Adena T. Friedman, Essa Kazim, and John D. Rainey. Shareholders also approved executive compensation on an advisory basis and ratified Ernst & Young LLP as the independent registered accounting firm for fiscal year 2021. However, a proposal for shareholders to act by written consent was not approved.

Positive

• All nominated directors were re-elected, ensuring stability in leadership.
• Michael R. Splinter was re-elected as Chairman of the Board, indicating continued confidence in his leadership.
• Approval of executive compensation reflects shareholder satisfaction with management performance.
• Ratification of Ernst & Young LLP as the accounting firm ensures reliable financial oversight.

Negative

• The proposal for shareholders to act by written consent was not approved, limiting shareholder influence.

Ten Directors Re-elected

Nasdaq Board Re-elects Michael R. Splinter as Chairman of the Board

NEW YORK, June 16, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) shareholders elected all nominated directors at the company’s Annual Meeting of Shareholders on Tuesday, June 15, 2021. All directors will serve one-year terms. The elected board members are:

• Melissa M. Arnoldi, CEO, Vrio Corp., a subsidiary of AT&T Inc.
• Charlene T. Begley, Retired SVP & CIO, General Electric Company
• Steven D. Black, Co-CEO, Bregal Investments
• Adena T. Friedman, President and CEO, Nasdaq
• Essa Kazim, Governor, Dubai International Financial Centre and Chairman, Borse Dubai and Dubai Financial Market
• Thomas A. Kloet, Retired CEO & Executive Director, TMX Group Limited
• John D. Rainey, CFO and EVP of Global Customer Operations, PayPal Holdings, Inc.
• Michael R. Splinter, Retired Chairman and CEO, Applied Materials, Inc.
• Jacob Wallenberg, Non-Executive Chairman, Investor AB
• Alfred W. Zollar, Executive Advisor, Siris Capital Group, LLC

The Nasdaq Board of Directors re-elected Michael R. Splinter as Chairman of the Board.

Nasdaq shareholders also approved the following proposals:

• The company’s executive compensation on an advisory basis; and
• Ratification of the appointment of Ernst & Young LLP as Nasdaq’s independent registered public accounting firm for the fiscal year ending December 31, 2021.

The shareholders did not approve a shareholder proposal relating to the right to act by written consent.

For additional information on Nasdaq’s corporate governance, please visit: http://ir.nasdaq.com/nasdaq-inc.cfm.

About Nasdaq: 

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

Nasdaq Media Contact:

Will Briganti
(646) 964-8169
william.briganti@nasdaq.com

-NDAQF-

FAQ

What happened at the Nasdaq Annual Meeting on June 15, 2021?

All nominated directors were re-elected, and Michael R. Splinter was re-elected as Chairman.

Who were the re-elected directors at the Nasdaq Annual Meeting?

Re-elected directors include Adena T. Friedman, Essa Kazim, and John D. Rainey.

What proposals were approved by Nasdaq shareholders?

Shareholders approved executive compensation and ratified Ernst & Young LLP as the independent accounting firm.

Was any proposal rejected at the Nasdaq Annual Meeting?

Yes, the proposal for shareholders to act by written consent was not approved.

What is the stock symbol for Nasdaq?

The stock symbol for Nasdaq is NDAQ.