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hpq-2025-annual-meeting-results-corporate-governance-and-shareholder-actions

Author:PQ Automations
| | Tags: HPQ Board Executive Compensation Shareholder Voting Audit Ratification Corporate Governance

HP Inc. 2025 Annual Meeting: Comprehensive Breakdown of Corporate Governance, Shareholder Votes & Board Elections

Source: Official HP Inc. SEC Filing

Overview: HPQ 2025 Board Elections and Shareholder Actions

On April 14, 2025, HP Inc. (NYSE: HPQ) conducted its 2025 Annual Meeting of Stockholders, pivotal for shareholders and corporate governance observers. This authoritative update provides detailed, quantitative insights into director elections, audit ratifications, and executive compensation matters. All content is strictly derived from the SEC 8-K hpq-20250414 and prior HPQ earnings call analyses for complete transparency and accuracy.

Quantitative Results: Board Director Elections

At the meeting, thirteen nominees for the HP Board of Directors stood for election. Shareholders overwhelmingly supported these directors, with each nominee receiving a minimum of 97.5% of votes cast “For” or “Against.” Notably:

  • Fama Francisco, Gianluca Pettiti, and Songyee Yoon achieved the highest approval rates at 99.7% each.

  • CEO Enrique Lores and Bruce Broussard received approval rates of 97.5%—still commanding a strong majority.

  • The lowest opposition for any standing director was observed at less than 2.5%.

“In line with our commitment to strong corporate governance and strategic oversight, our board composition continues to be a source of strength for HP,” a theme consistently referenced in HPQ’s previous quarterly earnings call transcripts (HPQ Q1 2025 Earnings Call).

Auditors’ Appointment: Quantitative Ratification

Shareholders ratified Ernst & Young LLP as HP’s independent registered public accounting firm for the fiscal year ending October 31, 2025, by a wide margin:

  • Votes For: 765,041,860 (93.6%)

  • Votes Against: 51,402,923

  • Abstentions: 1,272,802

This decisive audit ratification underscores HPQ’s ongoing focus on transparency and robust financial controls, mirroring audit themes cited in prior call transcripts regarding “commitment to compliance and best-in-class financial reporting.”

Executive Compensation: Shareholder Approval with Data

HPQ’s shareholders approved, on an advisory basis, the company’s named executive officer compensation:

  • Votes For: 654,425,815 (93.7%)

  • Votes Against: 39,427,880

  • Abstentions: 4,373,052

  • Broker Non-Votes: 119,490,838

HP’s executive compensation framework, consistently discussed in earnings calls (“Aligning long-term incentives with shareholder value creation,” – Q4 2024 HPQ earnings call), continues to align closely with shareholder interests, as evidenced by this strong support ratio above 93%.

Linking Back to Thematic Earnings Call Discussion

HPQ leadership has repeatedly addressed the importance of robust corporate governance, audit transparency, and pay-for-performance alignment in prior earnings communications. Notably, the Q1 2025 call highlighted the company’s ongoing commitment to “strengthening board oversight and independence” and “ensuring the company’s executive compensation structure drives innovation and shareholder returns.” The results of the 2025 Annual Meeting are strong quantitative affirmations of these publicly stated values.

Summary Table: 2025 Shareholder Votes & Board Elections

Director Votes For % Votes Against Abstentions
Chip Bergh 691,070,712 99.1 6,212,221 943,814
Bruce Broussard 679,568,872 97.5 17,697,654 960,221
Stacy Brown-Philpot 690,751,925 99.1 6,525,881 948,941
Stephanie A. Burns 694,668,807 99.6 2,625,367 932,573
Mary Anne Citrino 693,505,639 99.5 3,803,763 917,345
Richard Clemmer 693,260,773 99.4 3,988,316 977,658
Fama Francisco 695,019,778 99.7 2,242,067 964,902
Enrique Lores 680,111,053 97.5 17,194,757 920,937
David Meline 687,500,610 98.6 9,764,736 961,401
Judith Miscik 690,709,409 99.1 6,605,537 911,801
Gianluca Pettiti 695,135,734 99.7 2,071,908 1,019,105
Kim K.W. Rucker 688,850,056 98.8 8,426,335 950,356
Songyee Yoon 695,155,930 99.7 2,049,583 1,021,234

Audit Ratification: For 765 million, Against 51 million, Abstentions 1.2 million
Executive Compensation: For 654 million, Against 39 million, Abstentions 4.3 million

Technical Summary

The 2025 HPQ annual meeting demonstrates robust shareholder endorsement of HP Inc.’s corporate governance and executive accountability practices. Sustained majorities exceeding 90% in board director approvals, audit appointments, and executive compensation validate the strength and effectiveness of HP’s governance framework and investor relations, as emphasized in quarterly earnings calls.


This report is an authoritative summary, integrating the latest official SEC disclosures and aligning them with HP’s recent management communications.

For reference, review the full HP Inc. 8-K filing here:
hpq-20250414 SEC Filing

Citations:
- HPQ 2025 Annual Meeting 8-K, April 14, 2025
- HPQ Q1 2025 and Q4 2024 Earnings Call Transcripts