Bank of America shareholders re-elect directors and reject two shareholder proposals
At its May 4, 2026 annual meeting, Bank of America shareholders re-elected all 12 director nominees, including Brian Moynihan, and approved the say-on-pay vote on executive compensation. They also ratified PricewaterhouseCoopers as auditor, and rejected a proposal for an independent board chair and a report on animal welfare risk oversight. Support for management's slate and pay plan was wide, while the two shareholder proposals drew a minority of votes.
- All 12 director nominees elected; Moynihan received 4.98 billion votes for and 346 million against
- Say-on-pay approved: 5.06 billion for, 250 million against
- PricewaterhouseCoopers ratified as auditor for 2026: 5.68 billion for, 413 million against
- Independent board chair proposal rejected: 1.72 billion for, 3.56 billion against
- Animal welfare report proposal rejected: 341 million for, 4.94 billion against
Source
SEC Form 8-K, Bank of America (May 4, 2026)May 4, 2026