Gevo, Inc. | Elect directors on an annual basis at Gevo, Inc.

Status
Omitted
Previous AGM date
Resolution details
Company ticker
GEVO
Lead filer
Individual
Resolution ask
Adopt or amend a policy
ESG theme
  • Governance
ESG sub-theme
  • Shareholder rights
Type of vote
Shareholder proposal
Filer type
Shareholder
Company HQ country
United States
Resolved clause
RESOLVED, that the shareholders of Gevo, Inc. urge the Board of Directors to take all necessary steps (other than any steps that must be taken by shareholders) to eliminate the classification of the Board of Directors and to require that all directors elected at or after the 2029 Annual Meeting of Stockholders be elected on an annual basis
Supporting statement
Having directors stand for elections annually makes them more accountable to shareholders and could thereby contribute to improving Gevo’s performance and value. Institutional Shareholder Services (“ISS”) and Glass Lewis generally recommend that shareholders vote against proposals to classify/stagger the board and vote for proposals to repeal classified boards and to elect all directors annually.

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