FirstEnergy Corp. shareholders rejected several governance proposals during the company's annual meeting.
Proposals to amend the company's governing documents to replace existing supermajority voting requirements with a majority threshold, to implement majority voting for uncontested director elections and to implement proxy access each failed to receive the requisite vote, according to a May 15 news release.
A nonbinding proposal requesting a reduction in the threshold to call special shareholder meetings also failed to receive enough votes.