Oshkosh Corporation | Directors Who Fail To Obtain A Majority Vote at Oshkosh Corporation

Status
Filed
Previous AGM date
Resolution details
Company ticker
OSK
Lead filer
John Chevedden
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 : Shareholders request that our Board of Directors take the necessary steps to ensure that directors who fail to obtain a majority vote in an uncontested shall leave the board as soon as possible but in no case shall such directors serve more than 9 months on the Board after such failed election.
Supporting statement
A vote of rejection by Oshkosh shareholders needs to be respected. Oshkosh shareholders often only vote on 3 items a year. The least that the Oshkosh directors can do is to respect all 3 votes. 9-months is adequate time for the Oshkosh directors to find a highly qualified replacement director. Now is a good time to improve shareholder oversight of the Oshkosh Board. Oshkosh stock was at $137 in 2021 and at only $131 in late 2025 despite a long-term robust stock market.

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