Proxy Blog

Zoetis Inc. 

April 27, 2021

The annual proxy for this producer of medicine and vaccinations for pets and livestock had the following proposals: 

  1. Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote 
  2. Shareholder proposal on simple majority vote 

Magni voted as follows: 

  1. For and against proforma proposals.
    For directors – The disclosures meet the criteria in our policy on election of directors
    -For auditors – The company meets the criteria in our policy on auditor ratification.
    -Against advisory vote – The disclosures in the proxy did not meet the criteria in our policy on the advisory vote. 
  2. For shareholder proposal on simple majority  The proposal eliminates supermajority provisions. Many supermajority requirements are a legacy of the 1980s.