Akamai Technologies, Inc. (AKAM)
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AGM 2021

Jun 3, 2021

Operator

Hello and welcome to the 2021 Annual Meeting of Stockholders of Akamai Technologies. Please note that today's meeting is being recorded. Following the formal part of the meeting, we'll have a question and answer session. You can submit questions or comments at any time by clicking on the message icon. It is now my pleasure to turn today's meeting over to Dan Hesse, Chairman of the Board. Mr. Hesse, the floor is yours.

Dan Hesse
Chairman of the Board, Akamai Technologies

Good morning and welcome, everyone, to Akamai's virtual annual meeting of stockholders. Today marks my first day as Chairman of the Board of Akamai Technologies. I'm honored to succeed Fred Salerno in this position. On behalf of my fellow directors and members of Akamai's management team, I'd like to express our appreciation for Fred's nearly two decades of service on the Akamai Board. His leadership, integrity, and steady hand have contributed greatly to Akamai's growth, and we thank him for his many contributions. I appreciate everyone joining us for what remains a very challenging time for many across the world and hope you have been able to stay safe and well. I now call this meeting to order.

First off, I'd like to acknowledge the members of our board, in addition to Fred, who are attending today's meeting: Sharon Bowen, who joined the board in April; Marianne Brown; Monte Ford; Jill Greenthal; Tom Killalea; Tom Leighton, our CEO; Jon Miller; Madhu Ranganathan; Ben Verwaayen ; and Bill Wagner. I'd also like to welcome the members of Tom's executive staff and representatives from PwC, Akamai's audit firm; and WilmerHale, our outside counsel. I'll now turn the meeting over to Aaron Ahola, Akamai's corporate secretary, for the formal proceedings.

Aaron Ahola
Corporate Secretary, Akamai Technologies

Thank you, Dan, and good morning to everyone. I call your attention to the rules of conduct set forth for this meeting. These are available to each shareholder in the File section in the lower left of the screen. A representative from Computershare, who will be acting as the inspector of election for this meeting, is also in attendance today. If you have not voted or wish to change your vote, you may do so now by clicking on the link provided online.

As indicated in the notice of meeting and accompanying documents that were mailed to each stockholder, we are here today to consider the following business items: one, a vote to elect 11 directors to serve a one-year term; two, a vote to approve the amendment and restatement of the Akamai Technologies, Inc., 2013 Stock Incentive Plan; three, an advisory vote to approve our 2020 executive compensation; and four, a vote to ratify the selection of PricewaterhouseCoopers as the company's independent auditors for 2021. We will consider the items to be voted on in the same order that they appear in your notice of meeting and the agenda. The polls for each matter will open when the matter is called to a vote until I announce that the polls are closed. No ballots or proxies or revocations or changes will be accepted after the polls are closed.

As we addressed each matter to be voted on, stockholders may submit a question or statement online that is relevant to the matter at hand. I will read the comment or question and moderate any replies.

Speaker 5

Yes.

Aaron Ahola
Corporate Secretary, Akamai Technologies

I have received an affidavit from the company's transfer agent, Computershare, certifying that the notice of the annual meeting and proxy statement were sent to all stockholders of record as of April 9, 2021. Computershare has been appointed to act as inspector of elections. Computershare has indicated that there are present at this meeting, in person or through representation by proxy, at least 81,631,105 shares of common stock of Akamai Technologies. As a result, I hereby declare that a quorum exists. The first matter is the election of directors. The 11 nominees for election at this meeting are Sharon Bowen, Marianne Brown, Monte Ford, Jill Greenthal, Dan Hesse, Tom Killalea, Tom Leighton, Jon Miller, Madhu Ranganathan, Ben Verwaayen , and Bill Wagner. The second matter is approval of the amendment and restatement of the 2013 Akamai Stock Incentive Plan.

The third matter is an advisory vote to approve Akamai's 2020 executive compensation. And the last matter to be voted on is the ratification of the selection of PwC as the company's independent auditors for the current fiscal year. Jim and Rick, are there any questions or comments from stockholders on the four matters up for vote?

Speaker 4

There are no questions or comments on the matters up for vote.

Aaron Ahola
Corporate Secretary, Akamai Technologies

Thanks, Rick. I hereby declare that the polls are now closed. We now have the preliminary report of the results of the meeting. Based on the report of the inspector of elections, each of the nominees for director has been elected, the amendment and restatement of Akamai's 2013 Stock Incentive Plan has been approved, the advisory resolution approving executive compensation has been approved, the appointment of PwC as Akamai's independent auditors for the current fiscal year has been ratified. The final vote results will be included in the Form 8-K that will be filed within four business days after this meeting. As there is no further business to come before the meeting, the formal part of the meeting is now adjourned and we'll turn to today's Q&A session, which may contain estimates and other statements that are forward-looking under the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are subject to risks and uncertainties and involve a number of factors that could cause actual results to differ materially from those expressed or implied by such statements. The forward-looking statements represent our view as of today. We disclaim any obligation to update these statements to reflect future events or circumstances. Rick, do we have any questions?

Speaker 4

We do not have any questions.

Aaron Ahola
Corporate Secretary, Akamai Technologies

Okay. Well, it appears there are no further questions, and so I'd like to thank everyone for attending Akamai's annual meeting and the Q&A session. Have a great day.

Operator

This concludes the meeting. You may now disconnect.

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