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Quotes & Info
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| CVS > SEC Filings for CVS > Form 8-K on 16-May-2007 | All Recent SEC Filings |
16-May-2007
Other Events
Set forth below are the certified voting results for the matters submitted to a vote of shareholders at the Company's Annual Meeting of Shareholders held on May 9, 2007. These voting results are being provided in this Current Report since certification of the results by the inspector of election for the Annual Meeting was completed on May 15, 2007 and the results therefore were not announced at the Annual Meeting.
For the 2007 Annual Meeting:
Total eligible votes were 1,518,068,830;
Total votes cast were 1,091,672,488; and
Percentage of total eligible votes voted (i.e., quorum) was 71.91%.
Each director is elected by a majority of the votes cast with respect to that director's election (by the holders of shares of common stock and ESOP preference stock present in person or by proxy at the meeting and entitled to vote, voting as a single class). Votes "against" a director's election count as a vote cast, but "abstentions" and "broker non-votes" do not count as a vote cast with respect to that director's election.
FOR AGAINST ABSTAIN BROKER
NON-VOTES
Proxy Item 1-Election N/A N/A
of Directors
Edwin M. Banks 1,023,309,568 58,264,526
C. David Brown II 1,016,593,224 64,904,327
E. Mac Crawford 1,006,404,750 71,777,678
David W. Dorman 991,262,220 90,717,817
Kristen E. Gibney 1,024,188,246 57,444,057
Williams
Roger L. Headrick 606,585,338 453,175,142
Marian L. Heard 997,580,413 84,368,998
William H. Joyce 1,013,878,826 68,118,421
Jean-Pierre Millon 1,010,603,403 70,378,217
Terrence Murray 1,007,610,763 74,297,341
C.A. Lance Piccolo 729,571,199 350,384,689
Sheli Z. Rosenberg 985,826,896 96,174,280
Thomas M. Ryan 1,015,913,591 66,130,081
Richard J. Swift 1,018,923,109 62,553,178
Proxy Item 2. Proposal 1,066,647,730 16,222,455 8,802,303 N/A
to ratify the
appointment of KPMG
LLP as the company's
independent registered
public accounting firm
for the 2007 fiscal
year.
Proxy Item 3. Proposal 804,502,906 13,109,420 9,298,015 264,762,147
to adopt the Company's
2007 Employee Stock
Purchase Plan.
Proxy Item 4. Proposal 987,713,195 93,707,280 10,252,013 N/A
to adopt the Company's
2007 Incentive Plan.
Proxy Item 39,214,581 775,134,018 12,561,742 264,762,147
5. Stockholder
proposal regarding
limits on CEO
compensation.
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FOR AGAINST ABSTAIN BROKER
NON-VOTES
Proxy Item 418,401,758 375,099,076 33,409,507 264,762,147
6. Stockholder
proposal regarding
separation of the
roles of Chairman and
CEO.
Proxy Item 268,659,468 418,503,312 139,747,561 264,762,147
7. Stockholder
proposal regarding
sustainability
reporting by the
Company.
Proxy Item 365,800,732 451,371,653 9,737,956 264,762,147
8. Stockholder
proposal regarding the
relationship between
the Company and
compensation
consultants.
Proxy Item 340,067,525 362,779,553 42,137,901 346,687,509
9. Stockholder
proposal regarding the
Company's policy on
stock option grants.
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As indicated above, Proxy Item 6 (Stockholder proposal regarding separation of the roles of Chairman and CEO) received majority support of the votes cast. While this shareholder vote is non-binding, the Company's Nominating and Corporate Governance Committee will review this matter fully and give careful consideration to an appropriate response.
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