Facebook Co-Founder and CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg received the most withheld votes of the eight members of the social network’s board of directors that were re-elected at its annual meeting Tuesday, according to the Form 8-K Facebook filed with the Securities and Exchange Commission Thursday.
All eight directors were re-elected, all with 653,253,525 broker nonvotes and the following totals of for and withheld votes, respectively:
- Marc Andreessen, 5,981,997,456, 131,938,562
- Erskine Bowles, 6,029,879,027, 84,056,991
- Susan Desmond-Hellmann, 6,098,412,528, 15,523,490
- Donald Graham, 6,017,270,233, 96,665,785
- Reed Hastings, 6,099,705,262, 14,230,756
- Sandberg, 5,919,469,364, 194,466,654
- Peter Thiel, 6,080,251,798, 33,684,220
- Zuckerberg, 5,919,540,609, 194,395,409
Other agenda items voted on at the annual meeting were:
- A nonbinding advisory vote on the compensation program for the company’s named executive officers: 5,703,739,932 for, 404,097,340 against, 6,098,746 abstentions, 653,253,525 broker nonvotes.
- A nonbinding advisory vote on whether a nonbinding advisory vote on the compensation program for the company’s named executive officers should be held every one, two, or three years: 5,558,676,699 for three years, 533,816,915 for one year, 14,888,902 for two years, 6,553,502 abstentions, 653,253,525 broker nonvotes.
- The ratification of Ernst & Young as Facebook’s independent registered public accounting firm for the fiscal year ending Dec. 31, 2013: 6,633,359,880 for, 125,743,527 against, 8,086,136 abstentions.
Readers: Even though they were re-elected by wide margins, why do you think Zuckerberg and Sandberg fared so poorly in the voting?
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