Newmont Releases Voting Results from Annual Meeting of Stockholders
Stockholders overwhelmingly support reelection of Directors and “Say on Pay” proposal
The advisory vote on the compensation of Named Executive Officers (“Say on Pay”) allows stockholders to express their opinions regarding the decisions of the Compensation Committee on the prior year’s compensation to Named Executive Officers. The proposal asked stockholders to evaluate whether the Company’s executive compensation program is well-designed, appropriately aligns executive pay with Company performance and incentivizes desirable behavior. The measure was approved by a vote of 90 percent.
The Company’s Director nominees were all reelected with more than 99 percent of votes cast, while ratification of the Company’s independent auditors received a similar percentage. In support of the Company’s recommendation to vote against the proposal for additional disclosure on political spending, more than 81 percent of votes cast were opposed to the measure.
“The Board and management team would like to thank our stockholders for
participating in the Annual Meeting voting process,” said
Detailed voting results were reported by the Company on Current Report
on Form 8-K, dated
Founded in 1921 and publicly traded since 1925, Newmont is a leading
producer of gold and copper. Headquartered in Colorado, the Company has
approximately 30,000 employees and contractors, with the majority
working at managed operations in