Shareholders' Meeting Vote Results
Gap Inc. held its 2019 shareholders meeting on May 21, 2019. There were 379,014,042 shares on Gap Inc. common stock entitled to vote at that meeting. A total of 350,594,208 votes were represented at the meeting. Following are the vote results from the meeting:
1. Election of Directors – the following ten director nominees were elected:
|Director Nominee||For||Against||Abstain||Broker Non-Votes|
|John J. Fisher||326,752,314||4,570,406||202,289||19,069,199|
|Robert J. Fisher||265,349,360||65,978,981||196,668||19,069,199|
|William S. Fisher||326,749,755||4,574,204||201,050||19,069,199|
|Isabella D. Goren||330,957,839||344,796||222,374||19,069,199|
|Bob L. Martin||317,688,622||13,614,125||222,262||19,069,199|
|Jorge P. Montoya||324,961,013||6,341,688||222,308||19,069,199|
|Chris O' Neill||329,881,822||1,420,458||222,729||19,069,199|
|Mayo A. Shattuck III||318,576,443||12,727,525||221,041||19,069,199|
2. Ratification of the selection of the independent registered public accounting firm – The selection of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending February 1, 2020, was ratified with 338,823,874 votes in favor and 11,576,178 votes against. There were 194,156 abstentions and no broker non-votes.
3. An advisory vote on the overall compensation of the Company’s named executive officers – The overall compensation of the Company's named executive officers was approved with 188,083,003 votes in favor and 142,728,444 votes against. There were 713,562 abstentions and 19,069,199 broker non-votes.
4. Approval of the amendment and restatement of The Gap, Inc. 2016 Long-Term Incentive Plan – The amendment and restatement of The Gap, Inc. 2016 Long-Term Incentive Plan was approved with 246,767,682 votes in favor and 84,414,078 votes against. There were 343,249 abstentions and 19,069,199 broker non-votes.