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Labcorp logoLabcorp LH

Labcorp said it held its May 14, 2024 annual shareholder meeting. As of March 20, the record date, 84,125,885 shares of common stock were outstanding and entitled to vote, and 77,058,074 of them were represented in person or by proxy, which constituted a quorum.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Labcorp said it held its May 14, 2024 annual shareholder meeting. As of March 20, the record date, 84,125,885 shares of common stock were outstanding and entitled to vote, and 77,058,074 of them were represented in person or by proxy, which constituted a quorum.

  2. The company said shareholders elected the board nominees to serve until the 2025 annual shareholder meeting. Kathryn E. Wengel received the most votes against, with 45,457,646 votes for and 25,179,174 votes against.

  3. The company said shareholders approved, in an advisory (non-binding) vote, the compensation of its named executive officers, with 65,007,331 votes for and 5,566,884 votes against. Shareholders also approved the ratification of Deloitte & Touche LLP as independent auditor for the year ending December 31, 2024, with 76,120,507 votes for and 832,250 votes against.

  4. The company said a shareholder proposal on a golden parachute policy was not approved, with 5,219,140 votes for and 65,530,226 votes against. A proposal for an annual Board report on the transport of nonhuman primates was defeated, with 5,787,586 votes for and 64,071,818 votes against, and the proponent withdrew a proposal on a report on the risks of fulfilling information requests.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Quorum Met at 2024 Annual Shareholder Meeting

Labcorp said it held its May 14, 2024 annual shareholder meeting. As of March 20, the record date, 84,125,885 shares of common stock were outstanding and entitled to vote, and 77,058,074 of them were represented in person or by proxy, which constituted a quorum.

Source · Based on the filing body and exhibits

Director Elections and Kathryn E. Wengel Vote Count

The company said shareholders elected the board nominees to serve until the 2025 annual shareholder meeting. Kathryn E. Wengel received the most votes against, with 45,457,646 votes for and 25,179,174 votes against.

Source · Based on the filing body and exhibits

Advisory Pay Vote and Auditor Ratification Approved

The company said shareholders approved, in an advisory (non-binding) vote, the compensation of its named executive officers, with 65,007,331 votes for and 5,566,884 votes against. Shareholders also approved the ratification of Deloitte & Touche LLP as independent auditor for the year ending December 31, 2024, with 76,120,507 votes for and 832,250 votes against.

Source · Based on the filing body and exhibits

2 Shareholder Proposals Defeated, 1 Withdrawn

The company said a shareholder proposal on a golden parachute policy was not approved, with 5,219,140 votes for and 65,530,226 votes against. A proposal for an annual Board report on the transport of nonhuman primates was defeated, with 5,787,586 votes for and 64,071,818 votes against, and the proponent withdrew a proposal on a report on the risks of fulfilling information requests.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.