Proxy Blog

DXC Technology Company

July 21, 2020

The annual proxy for this technology services company had the following proposals:

  1. Proforma votes on directors, appointment of auditors, and compensation
  2. Board proposals on increased shares for incentive plans

Magni voted as follows:

  1. For and against proforma proposals:
    -For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors.
    -For auditors – The company meets the criteria in Magni’s policy on auditor ratification.
    -Against compensation- The disclosures in the proxy did not meet the criteria in Magni’s policy on the advisory vote.
  2. For board proposals on authorizing additional shares. Per the policy on incentive plans, Magni is supporting of incentive plans. These proposals relate to authorizing sufficient shares for already-approved plans.