IRobot: How I Voted

IRobot (IRBT) is one of the stocks in my portfolio. Their annual meeting is coming up May 24. had only one fund voting, CBIS, when I voted yesterday. had none. Today is the last day to vote using

Checking the Summary Compensation Table, it appears CEO/Chair Colin M. Angle was paid more than $2.3 million, which is more than the $2.2 million median for a small-cap firm.  Using the United States Proxy Exchange (USPX) released draft guidelines and adjusting for company size, I voted against the pay package. However, because the difference was relatively small, I didn’t vote against the compensation committee. Management wanted a say-when-on-pay frequency of three years but I voted for every year. I voted using the platform.

1.1Elect Director Gail DeeganFor
1.2Elect Director Andrea GiesserFor
1.3Elect Director Jacques S. Gansler, Ph.D.For
2Approve Executive Incentive Bonus PlanFor
3Ratify AuditorsFor
4Advisory Vote to Ratify Named Executive Officers’ CompensationAgainst
5Advisory Vote on Say on Pay FrequencyOne Year


, , , ,

Comments are closed.

Powered by WordPress. Designed by WooThemes