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JPMorgan Chase & Co. Shareholders Voting Results; 11 Directors Elected
The JPMorgan Chase & Co. (NYSE:JPM) results of shareholder voting on the proposals presented were as follows:
| MANAGEMENT PROPOSALS: |
Proposal 1- Shareholders elected the 11 director nominees named in the Proxy Statement
| Name | For | Against | Abstain | Broker Non-Votes | ||||
| Linda B. Bammann | 2,802,323,394 | 18,587,057 | 6,353,294 | 390,830,840 | ||||
| James A. Bell | 2,796,399,067 | 24,138,713 | 6,725,965 | 390,830,840 | ||||
| Crandall C. Bowles | 2,797,481,776 | 22,977,847 | 6,804,122 | 390,830,840 | ||||
| Stephen B. Burke | 2,703,611,324 | 113,413,648 | 10,238,773 | 390,830,840 | ||||
| James S. Crown | 2,769,288,664 | 47,633,080 | 10,342,001 | 390,830,840 | ||||
| James Dimon | 2,684,146,430 | 121,171,561 | 21,945,754 | 390,830,840 | ||||
| Timothy P. Flynn | 2,806,817,752 | 13,878,587 | 6,567,406 | 390,830,840 | ||||
| Laban P. Jackson, Jr. | 2,771,952,707 | 48,434,059 | 6,876,979 | 390,830,840 | ||||
| Michael A. Neal | 2,806,998,032 | 13,637,368 | 6,628,345 | 390,830,840 | ||||
| Lee R. Raymond | 2,691,923,778 | 125,292,164 | 10,047,803 | 390,830,840 | ||||
| William C. Weldon | 2,704,964,732 | 112,158,840 | 10,140,173 | 390,830,840 | ||||
Proposal 2 – Shareholders approved the Advisory Resolution to Approve Executive Compensation
| For | Against | Abstain | Broker Non-Votes |
| 1,735,868,557 | 1,079,295,213 | 12,099,975 | 390,830,840 |
| 61.4% | 38.17% | 0.43% | |
Proposal 3 – Shareholders ratified the appointment of PricewaterhouseCoopers LLP as Registrant’s Independent Registered Public Accounting Firm for 2015
| For | Against | Abstain | Broker Non-Votes |
| 3,168,768,346 | 43,104,873 | 6,221,366 | 0 |
| 98.47% | 1.34% | 0.19% | |
Proposal 4 – Shareholders approved the Amendment to Long-Term Incentive Plan, as amended and restated effective May 19, 2015
| For | Against | Abstain | Broker Non-Votes |
| 2,634,755,158 | 180,902,195 | 11,606,392 | 390,830,840 |
| 93.19% | 6.4% | 0.41% | |
| SHAREHOLDER PROPOSALS: |
Proposal 5 – Shareholders did not approve the proposal on Independent Board Chairman – Require an Independent Chair
| For | Against | Abstain | Broker Non-Votes |
| 1,013,800,422 | 1,794,186,380 | 19,276,943 | 390,830,840 |
| 35.86% | 63.46% | 0.68% | |
Proposal 6 – Shareholders did not approve the proposal on Lobbying – Report on Policies, Procedures and Expenditures
| For | Against | Abstain | Broker Non-Votes |
| 173,278,487 | 2,433,862,468 | 220,122,790 | 390,830,840 |
| 6.13% | 86.09% | 7.79% | |
Proposal 7 – Shareholders did not approve the proposal on Special Shareowner Meetings – Reduce Ownership Threshold from 20% to 10%
| For | Against | Abstain | Broker Non-Votes |
| 986,702,041 | 1,819,289,348 | 21,272,356 | 390,830,840 |
| 34.9% | 64.35% | 0.75% | |
Proposal 8 – Shareholders did not approve the proposal on How Votes Are Counted – Count Votes Using Only For and Against
| For | Against | Abstain | Broker Non-Votes |
| 209,959,493 | 2,596,849,566 | 20,454,686 | 390,830,840 |
| 7.43% | 91.85% | 0.72% | |
Proposal 9 – Shareholders did not approve the proposal on Accelerated Vesting Provisions – Report Names of Senior Executives and Value of Equity Awards that would Vest if they Resign to Enter Government Service
| For | Against | Abstain | Broker Non-Votes |
| 718,798,017 | 2,091,436,151 | 17,029,577 | 390,830,840 |
| 25.42% | 73.97% | 0.60% | |
Proposal 10 – Shareholders did not approve the proposal on Clawback Disclosure Policy – Disclose Whether the Firm Recouped any Incentive Compensation from Senior Executives
| For | Against | Abstain | Broker Non-Votes |
| 1,236,998,084 | 1,570,792,141 | 19,473,520 | 390,830,840 |
| 43.75% | 55.56% | 0.69% | |
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company.
The Company is a financial service firm and banking institution.
The Firm provides investment banking; financial services for consumers and small businesses; commercial banking; financial transaction processing; asset management and private equity. The Company operates in five segments: Consumer & Community banking serve consumers and businesses through personal service at bank branches and through automated teller machines, online, mobile and telephone banking; Corporate & Investment Bank consists of Banking, and Markets and Investor Services; Commercial Banking delivers services, including corporations, municipalities, financial institutions and nonprofit entities; Asset Management provides investment and wealth management, and Corporate/Private Equity consists of Private Equity, Treasury and Chief Investment Office and Other Corporate.
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Source: http://marketdailynews.com/2015/05/22/jpmorgan-chase-11-directors-elected/
