Proxy materials are out

One benefit of being a shareholder is your vote. I encourage people to consider the currently published proxy materials stating:

Our Board unanimously recommends that you vote “FOR” all nominees for director, “FOR” ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2020, “FOR” the non-binding executive compensation proposal, and “FOR” approval of the Company’s Performance Incentive Plan.

I for one will be voting NO to the directors slate and NO to the executive compensation plan.

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Those proxy materials are good only if one runs short of toilet paper

Take a look a the executive compensation package - it doesn’t matter what happens, they are set for life. I would vote NO not because of the golden parachutes but because their pay is excessive. Especially with sliding revenues which were promised to flatten. And in light of the massive layoffs over the past 2 years.

Thread regarding Xerox Corp. layoffs

Proxy materials are out

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