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HP Annual Meeting Decides Governance and Compensation Plans

HP Annual Meeting Decides Governance and Compensation Plans

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HP (HPQ) has shared an announcement.

HP Inc.’s 2024 Annual Meeting resulted in several key decisions that shape the company’s future governance and compensation structures. Stockholders elected a slate of twelve directors to the HP Board, ratified Ernst & Young LLP as the independent auditor for the next fiscal year, and endorsed executive officer compensation. They also passed an amendment to limit the liability of company officers and approved the Fourth Amended and Restated HP Inc. 2004 Stock Incentive Plan. However, a proposal requiring stockholder ratification of certain severance payments was not approved. These outcomes reflect shareholder confidence in HP’s strategic direction and governance policies.

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