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Walmart Announces 2023 Annual Shareholders’ Meeting Voting Results
BENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart Inc. (NYSE: WMT) today announced shareholder voting results for its Annual Shareholders’ Meeting, which was
About this update from Walmart Inc.
[{"type":"text","content":" BENTONVILLE, Ark.--(BUSINESS WIRE)--\nWalmart Inc. (NYSE: WMT) today announced shareholder voting results for its Annual Shareholders’ Meeting, which was conducted virtually. Approximately 90.8 percent of all outstanding shares were represented at the meeting.\n\n\nIn his introductory remarks, Walmart Inc. President and CEO Doug McMillon spoke about Walmart’s performance over the last year, noting, “We have a strong team of associates, very capable leaders and a compelling set of assets and capabilities that enable us to continue delivering for customers and members, whenever and however they want to be served in that moment.”\n\n\nMcMillon also highlighted recent investments the company has made in its associates, saying, “We work to create a path of opportunity for everyone who wants a career at Walmart. We continue to support and invest in our associates through their wages; benefits including healthcare and ways to invest and save for retirement; and by making it easier to gain a college degree or certificate through our Live Better U program, where our company pays for tuition and books.”\n\n\nThe company reported that shareholders approved the election of each of Walmart’s 11 director nominees. Each director nominee received affirmative votes from approximately 95.7 percent or more of the shares voted, excluding abstentions and broker non-votes, as follows (all percentages are rounded):\n\n\n\n\nDirector Nominee\n\n\n\n\n\n\nFor\n\n\n\n\n\n\n\n\nCesar Conde\n\n\n\n\n\n\n99.0%\n\n\n\n\n\n\n\n\nTimothy P. Flynn\n\n\n\n\n\n\n98.6%\n\n\n\n\n\n\n\n\nSarah J. Friar\n\n\n\n\n\n\n98.9%\n\n\n\n\n\n\n\n\nCarla A. Harris\n\n\n\n\n\n\n96.1%\n\n\n\n\n\n\n\n\nThomas W. Horton\n\n\n\n\n\n\n95.7%\n\n\n\n\n\n\n\n\nMarissa A. Mayer\n\n\n\n\n\n\n97.3%\n\n\n\n\n\n\n\n\nC. Douglas McMillon\n\n\n\n\n\n\n98.6%\n\n\n\n\n\n\n\n\nGregory B. Penner\n\n\n\n\n\n\n97.4%\n\n\n\n\n\n\n\n\nRandall L. Stephenson\n\n\n\n\n\n\n96.6%\n\n\n\n\n\n\n\n\nS. Robson Walton\n\n\n\n\n\n\n98.1%\n\n\n\n\n\n\n\n\nSteuart L. Walton\n\n\n\n\n\n\n98.2%\n\n\n\n\n\n\n\nShareholders voted on a non-binding, advisory basis, to include “say-on-pay” votes (such as Proposal No. 3 in the 2023 Proxy Statement) every year with approximately 99.1 percent of the participating shares voting in favor. The Board of Directors had recommended that shareholders vote in favor of holding a sa...