Voices & Choices

GM shareholders nearly adopt proportional voting system

GM shareholders nearly adopt proportional voting system

On June 7, the shareholders of General Motors nearly voted to adopt proportional voting for future elections for the Board of Directors. Almost 49% of shareholders supported cumulative voting over the current winner-take-all system.  The proposal for cumulative voting won the highest percentage of the vote  of any non-board-recommended measure in GM history.

A cumulative voting system would allow a minority of like-minded shareholders to elect at least one board member by concentrating their votes on a single candidate, ensuring a more accurate representation of shareholder interests in board decisions.

[Read FairVote's press release on GM’s shareholder vote]
[Read more on GM’s shareholder meeting]
[More on cumulative voting]

Join Us Today to Help Create a More Perfect Union