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BRIEF-Arconic shareholders reject proposal to declassify board
May 25, 2017 / 3:39 PM / 7 months ago

BRIEF-Arconic shareholders reject proposal to declassify board

May 25 (Reuters) - Arconic Inc:

* Announces preliminary results of 2017 annual meeting

* Shareholders approved on an advisory basis, executive compensation programs and policies and resulting 2016 compensation

* Shareholders elected Christopher L. Ayers, Elmer L. Doty, David P. Hess, Patrice E. Merrin, Ulrich R. Schmidt to Arconic board

* James F. Albaugh was appointed to board to fill vacancy resulting from resignation of L. Rafael Reif

* Shareholders approved a shareholder proposal for board to take steps to eliminate supermajority voting requirements in co’s governing documents

* Proposal to amend articles of incorporation to eliminate classification of board of directors did not receive requisite votes for approval Source text for Eikon: Further company coverage:

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