Fox Corp 8-K Summary: Annual Meeting Results
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Fox Corporation on November 19, 2024. The filing details the voting outcomes for director elections, auditor ratification, and executive compensation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Proposal 1: Election of Directors
- Lachlan K. Murdoch: Received 181,675,897 votes For and 28,403,341 votes Against.
- Tony Abbott AC: Received 203,048,387 votes For and 7,082,337 votes Against.
- William A. Burck: Received 200,527,392 votes For and 9,602,857 votes Against.
- Chase Carey: Received 200,227,593 votes For and 9,903,740 votes Against.
- Roland A. Hernandez: Received 202,446,160 votes For and 7,686,163 votes Against.
- Margaret "Peggy" L. Johnson: Received 208,590,222 votes For and 1,530,894 votes Against.
- Paul D. Ryan: Received 158,497,379 votes For and 51,631,667 votes Against.
- Proposal 2: Ratification of Independent Auditor
- Ernst & Young LLP was ratified for the fiscal year ending June 30, 2025.
- Votes: 214,319,114 For, 60,386 Against, 28,058 Abstain.
- Proposal 3: Advisory Executive Compensation
- The proposal to approve named executive officer compensation passed.
- Votes: 195,653,229 For, 14,467,168 Against, 39,365 Abstain.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the total number of shares entitled to vote to contextualize the "Against" vote percentages for directors Lachlan K. Murdoch and Paul D. Ryan.
- Confirm the specific reasons for the higher "Against" vote count for Paul D. Ryan compared to other directors.
- Review the full proxy statement for detailed biographies of the elected directors and the specific compensation metrics approved in Proposal 3.