M
ME NEWS
17 Apr 2025, 06:51
Whirlpool Shareholders Approve Executive Pay and Stock Plan Expansion at 2025 Annual Meeting
Whirlpool Corporation announced the results of its 2025 Annual Meeting of Stockholders, held on April 15, 2025. During the meeting, shareholders approved several key proposals, including executive compensation and an amendment to the company’s stock and incentive plan.
Among the highlights, stockholders approved Amendment No. 2 to the Whirlpool Corporation 2023 Omnibus Stock and Incentive Plan, adding 3,277,000 shares to the available pool under the plan. This move supports the company’s long-term compensation strategy and talent retention goals.
Additionally, Whirlpool shareholders provided advisory approval of the executive compensation package outlined in the company’s proxy statement. This included the Compensation Discussion & Analysis and related tables.
All 12 nominated directors, including Chairman Marc R. Bitzer and CEO Greg Creed, were re-elected to serve terms expiring in 2026. Support for directors ranged from approximately 91% to 97% of votes cast, with James M. Loree receiving the highest level of approval.
In another significant vote, shareholders ratified Ernst & Young LLP as the company’s independent registered public accounting firm for 2025 with overwhelming support.
Whirlpool Corporation announced the results of its 2025 Annual Meeting of Stockholders, held on April 15, 2025. During the meeting, shareholders approved several key proposals, including executive compensation and an amendment to the company’s stock and incentive plan.
Among the highlights, stockholders approved Amendment No. 2 to the Whirlpool Corporation 2023 Omnibus Stock and Incentive Plan, adding 3,277,000 shares to the available pool under the plan. This move supports the company’s long-term compensation strategy and talent retention goals.
Additionally, Whirlpool shareholders provided advisory approval of the executive compensation package outlined in the company’s proxy statement. This included the Compensation Discussion & Analysis and related tables.
All 12 nominated directors, including Chairman Marc R. Bitzer and CEO Greg Creed, were re-elected to serve terms expiring in 2026. Support for directors ranged from approximately 91% to 97% of votes cast, with James M. Loree receiving the highest level of approval.
In another significant vote, shareholders ratified Ernst & Young LLP as the company’s independent registered public accounting firm for 2025 with overwhelming support.
