GENERAL MOTORS COMPANY | Shareholder written consent at GENERAL MOTORS COMPANY

Status
44.72% votes in favour
AGM date
Previous AGM date
Proposal number
6
Resolution details
Company ticker
GM
Lead filer
Individual
Resolution ask
Other ask
ESG theme
  • Governance
ESG sub-theme
  • Shareholder rights
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Consumer Discretionary
Company HQ country
United States
Resolved clause
Shareholders request that our board of directors take the necessary steps to permit written consent by shareholders entitled to cast the minimum number of votes that would be necessary to authorize the action at a meeting at which all shareholders entitled to vote thereon were present and voting. This includes shareholder ability to initiate any appropriate topic for written consent.
Supporting statement
Any action taken by written consent still needs more than 65% supermajority approval from the shares that normally cast ballots at the GM annual meeting to equal the required majority from the GM shares outstanding. Action by written consent can save the cost of a special shareholder meeting and can raise important matters that cannot wait until the next annual shareholder meeting.

This proposal topic received impressive 49% support at the 2021 GM annual meeting.

How other organisations have declared their voting intentions

Organisation name Declared voting intentions Rationale
Anima Sgr For As the right to act by written consent would enhance the rights of the company's shareholders by affording them an additional mean of acting in between annual meetings.
Rothschild & co Asset Management For

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