JPMorgan shareholders back bank's directors, executive pay at annual meeting

Reuters

Published May 19, 2020 • < 1 minute read

NEW YORK — JPMorgan Chase & Co shareholders voted to reelect each of the bank’s board members, with each director receiving at least 84% of the shares voted, according to initial tallies.

More than 92% of investors voted for the bank’s executive compensation packages, and none of the shareholder proposals won a majority of shares voted. One proposal, which asked that the bank report on its progress toward sustainable climate goals, got close with 49.6% of shares voted. (Reporting By Elizabeth Dilts Marshall, Editing by Franklin Paul)

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