Elevance Health Inc. | Advisory Shareholder Votes for Certain Directors at Elevance Health Inc.

Status
Omitted
Previous AGM date
Resolution details
Company ticker
ELV
Lead filer
John Chevedden
Resolution ask
Amend board structure
ESG theme
  • Governance
ESG sub-theme
  • Shareholder rights
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Health Care
Company HQ country
United States
Resolved clause
RESOLVED, shareholders ask that Elevance Health arrange for an advisory vote on each director who does not stand for election in a given year. This proposal is necessary because Elevance Health directors have 3 year terms. Plus Elevance Health staunchly claims in effect and in briefs filed with the Securities and Exchange Commission that the founders of Elevance Health were so opposed to shareholder engagement regarding director elections that they made it impossible to have annual election of each director. This a workaround to such fierce Elevance Health opposition to shareholder input in the founding bones of Elevance Health. This proposal requests that there be an advisory vote on each director who does not stand for election in a given year. This is similar to the advisory vote on executive pay that Elevance Health conducts. This proposal will focus Elevance Health shareholders on the performance and qualifications of each Elevance Health director each year so that Elevance Health shareholders will be better prepared to cast informed votes when directors are up for a binding shareholder vote in year three.

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