FACEBOOK ANNUAL MEETING: Final Voting Tallies Filed In Form 8-K To SEC

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:

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?

Image courtesy of Shutterstock.

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