Safeway stockholders approve BOD recommendations

Pleasanton, Calif. -- Preliminary results from the Safeway annual stockholder’s meeting show that a majority of stockholders followed board of directors recommendations in electing each of the eight directors with a majority of at least 73%. Stockholders also approved the appointment of Deloitte & Touche LLP as Safeway’s independent accounting firm for fiscal 2013.

In addition, stockholders followed board recommendations by approving an advisory vote on executive compensation with a 70% majority and reapproving the 2007 equity and incentive award plan with a 92% majority

 

Recommended stories

Login or Register to post a comment.