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Power Integrations shareholder proposals
What shareholders asked Power Integrations to do, and how the funds inside American retirement plans voted on it — with the filing behind every vote.
15 May 2025 · put on the ballot by shareholder
Should the person who runs Power Integrations also chair the board that supervises them?
Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.
“To consider, if properly presented at the Annual Meeting, a stockholder proposal requesting the Board of Directors to adopt a policy and amend governing documents in order that two separate individuals hold the office of Chairman of the Board and the office of the Chief Executive Officer.”
1 of 2 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Vanguard Explorer Fund | FOR | 1,130,026 |
| Small Cap Growth Fund | AGAINST | 453,820 |
The same proposal was put to Amazon.com, Comcast, Gilead Sciences, Comcast, Chipotle Mexican Grill, Eastman Chemical.
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