Citrix Systems, Inc.
May 23, 2021
The annual proxy for this software company had the following proposals:
- Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote
- Board proposal on simple majority voting
Newday Impact voted as follows:
- For and against proforma proposals.
- For directors – The disclosures in the proxy meet the criteria in Newday Impact’s policy on election of directors.
- For auditors – The company meets the criteria in Newday Impact’s policy on auditor ratification.
- Against “say-on-pay” – The disclosures in the proxy do not meet the criteria in Newday Impact’s policy on the advisory vote.
- For shareholder proposal on simple majority – One of the minor provisions of the proposal eliminates supermajority provisions. Many supermajority requirements are a legacy of the 1980s.