SCHW 8-K
Schwab Charles Corp (SCHW)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
| (a) | The 2024 Annual Meeting of Stockholders of The Charles Schwab Corporation (“CSC”) was held on May 23, 2024. |
| (b) | All nominees for directors were elected, and each nominee received more “for” votes than “against” votes cast for the nominee’s election. The proposal to ratify the selection of Deloitte & Touche LLP (“Deloitte”) as CSC’s independent auditors for the 2024 fiscal year was approved. The advisory vote on named executive officer (“NEO”) compensation was approved. The stockholder proposal requesting changes to the executive compensation program was not approved. The stockholder proposal on workforce discrimination risk oversight and impact was not approved. The stockholder proposal on pay equity disclosure was not approved. The final voting results were as follows: |
| For | Against | Abstain | Broker Non-Vote |
|||||||||||||||
| 1 | Election of Directors | |||||||||||||||||
| (a) Walter W. Bettinger II |
1,386,038,893 | 101,302,966 | 4,370,072 | 61,320,014 | ||||||||||||||
| (b) Joan T. Dea |
1,368,188,579 | 122,383,889 | 1,139,463 | 61,320,014 | ||||||||||||||
| (c) Christopher V. Dodds |
1,451,421,642 | 39,375,004 | 915,284 | 61,320,014 | ||||||||||||||
| (d) Bharat B. Masrani |
1,418,614,548 | 71,717,320 | 1,380,063 | 61,320,014 | ||||||||||||||
| (e) Charles A. Ruffel |
1,454,264,747 | 36,246,410 | 1,200,774 | 61,320,014 | ||||||||||||||
| 2 | Ratification of the Selection of Deloitte as Independent Auditors | 1,460,968,515 | 91,298,653 | 764,778 | 0 | |||||||||||||
| 3 | Advisory Vote to Approve NEO Compensation | 1,352,679,636 | 136,965,265 | 2,067,030 | 61,320,014 | |||||||||||||
| 4 | Stockholder Proposal Requesting Changes to the Executive Compensation Program | 63,702,064 | 1,414,674,878 | 13,334,990 | 61,320,014 | |||||||||||||
| 5 | Stockholder Proposal on Workforce Discrimination Risk Oversight and Impact | 9,187,020 | 1,474,497,271 | 8,027,640 | 61,320,014 | |||||||||||||
| 6 | Stockholder Proposal on Pay Equity Disclosure | 344,578,130 | 1,141,063,479 | 6,070,322 | 61,320,014 | |||||||||||||
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE CHARLES SCHWAB CORPORATION | ||||||
| Date: May 29, 2024 | By: | /s/ Peter Crawford | ||||
| Peter Crawford | ||||||
| Managing Director and Chief Financial Officer | ||||||