JPMORGAN CHASE & CO. | Board diversity at JPMORGAN CHASE & CO.

Status
4.09% votes in favour
AGM date
Resolution details
Company ticker
JPM
Lead filer
National Center for Public Policy
Resolution ask
Adopt or amend a policy
ESG theme
  • Social
  • Governance
ESG sub-theme
  • Diversity, equity & inclusion (DEI)
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
United States
Resolved clause
The shareholders request the Board of JPMorgan Chase & Co.
(the "Company") to adopt a policy (the "Policy") to encourage
greater diversity for the Board of Directors. This would be
accomplished by requiring that the initial lists of candidates
from which new management-supported director nominees,
recruited from outside the company, that are chosen by the
board or relevant committee (each, an "Initial List"), should
include qualified diverse candidates. The Policy should
provide that any third-party consultant asked to furnish an
Initial List will be requested to include such candidates.
Each nominee's skills, experience and intellectual strengths
shall be presented in a chart or matrix form, and shall be
presented to the shareholders through the annual proxy
statement and on the Company's website within six months of
the date of the annual meeting and updated on an annual
basis.
Supporting statement
We believe boards that incorporate diverse perspectives can
think more critically and oversee corporate managers more
effectively.
While the Board currently boasts strong representation with
experience from the upper echelons of corporate and
financial decision-making, it could additionally benefit from
individuals whose life experience and perspectives are
diverse.
We urge shareholders to vote FOR this Proposal.

DISCLAIMER: By including a shareholder resolution or management proposal in this database, neither the PRI nor the sponsor of the resolution or proposal is seeking authority to act as proxy for any shareholder; shareholders should vote their proxies in accordance with their own policies and requirements.

Any voting recommendations set forth in the descriptions of the resolutions and management proposals included in this database are made by the sponsors of those resolutions and proposals, and do not represent the views of the PRI.

Information on the shareholder resolutions, management proposals and votes in this database have been obtained from sources that are believed to be reliable, but the PRI does not represent that it is accurate, complete, or up-to-date, including information relating to resolutions and management proposals, other signatories’ vote pre-declarations (including voting rationales), or the current status of a resolution or proposal. You should consult companies’ proxy statements for complete information on all matters to be voted on at a meeting.