Sign in Subscribe
Securities law

Tractor Supply Company Reports 2020 Annual Meeting Results and Shareholder Votes

Strategic Insights

— 1 min read

At the 2020 Annual Meeting of Shareholders, Tractor Supply Company (TSC) held on May 7, 2020, shareholders elected each of the company's nominees for director to serve until the next annual meeting. Additionally, shareholders ratified the re-appointment of Ernst & Young LLP as the company's independent registered public accounting firm, voted in favor of the compensation of the named executive officers, and approved an amendment to the Certificate of Incorporation to eliminate the supermajority voting requirements. The voting results of the director elections, ratification of the re-appointment of Ernst & Young LLP, advisory vote on the compensation of the named executive officers, and the amendment to the Certificate of Incorporation to eliminate the supermajority voting requirements are as follows:

Key Takeaways:

  • 83,528,719 shares voted in favor of Cynthia T. Jamison, representing 83.53% of the total votes cast.
  • 91,287,254 shares voted in favor of Ricardo Cardenas, representing 91.29% of the total votes cast.
  • 91,230,755 shares voted in favor of Mark J. Weikel, representing 91.23% of the total votes cast.
  • The ratification of the re-appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 26, 2020 was approved by 102,218,007 shares, representing 96.17% of the total votes cast.
  • The compensation of the named executive officers of the company was approved on an advisory and non-binding basis by 82,254,525 shares, representing 80.12% of the total votes cast.
  • The amendment to the Certificate of Incorporation to eliminate the supermajority voting requirements contained therein was approved by 91,253,554 shares, representing 91.25% of the total votes cast.

Statistics:

  • 83,528,719 shares voted in favor of Cynthia T. Jamison.
  • 91,287,254 shares voted in favor of Ricardo Cardenas.
  • 91,230,755 shares voted in favor of Mark J. Weikel.
  • 102,218,007 shares voted in favor of the re-appointment of Ernst & Young LLP.
  • 82,254,525 shares voted in favor of the compensation of the named executive officers.
  • 91,253,554 shares voted in favor of the amendment to the Certificate of Incorporation.

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 8, 2020 (May 7, 2020)

Read more