As a HON stockholder, I just received my notification of the annual shareholders' meeting on May 21 and instructions for voting by proxy or virtually during the meeting. If you participate in the stock plan or have HON stock in your 401k, you should receive this by mail as well.
The items up for vote include:
- Confirmation of 11 Board members, one of whom is DA. (Board recommends voting For)
- Approval of executive compensation (Board recommends voting For)
- Approval of Independent Accountants (Board recommends voting For)
- Shareholder right to act by written consent (Board recommends voting Against)
You have the ability to express your trust in the current leadership or lack thereof by actually voting per one of the multiple avenues outlined in the mailer. Guaranteed, the outcome won't change if a few hundred negative votes come in from us, but it will get someone's attention, somewhere, and our votes will be counted.
This is the employees' opportunity to make a statement to Wall Street that challenges the story being told by the company's handlers. Again, our handful of votes will not change the outcome, but may result in a bit of a black eye for DA. VOTE!