Warner Bros. Discovery announced the results of its 2026 Annual Meeting of Stockholders, where shareholders did not approve the company's executive compensation plan in a non-binding, advisory "Say-on-Pay" vote. While all director nominees were elected and the company's accounting firm was ratified, the vote against the executive pay package signals significant shareholder dissent.

Key Details

  • 'Say-on-Pay' Vote Results: The proposal on 2025 executive compensation was rejected with approximately 1.31 billion votes cast against and only 245 million in favor.
  • Director Elections: All thirteen director nominees, including CEO David M. Zaslav, were elected to serve a one-year term.
  • Auditor Ratification: Shareholders approved the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2026.
  • Meeting Date: The annual meeting was held on June 9, 2026.