Ralph Lauren shareholders elect board, approve auditor and executive pay

Ralph Lauren Corporation (NYSE:RL) held its annual meeting of stockholders on Thursday. According to a statement based on the company’s SEC filing, shareholders elected all nominated directors to serve until the 2026 annual meeting.

For Class A directors, Angela Ahrendts received 18,215,664 votes in favor and 12,935,186 votes withheld. Linda Findley received 30,074,559 votes for and 1,076,291 votes withheld. Darren Walker received 20,194,315 votes for and 10,956,535 votes withheld. There were 3,251,514 non-votes for each nominee.

All Class B director nominees—Ralph Lauren, Patrice Louvet, David Lauren, Frank A. Bennack Jr., Debra Cupp, Michael A. George, Valerie Jarrett, and Wei Zhang—each received 218,812,760 votes in favor, with no votes withheld or non-votes recorded.

Shareholders also ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending March 28, 2026. The proposal received 252,357,967 votes in favor, 795,328 votes against, and 61,829 abstentions.

Additionally, shareholders approved, on an advisory basis, the compensation of the company’s named executive officers and its compensation philosophy, policies, and practices. This proposal received 247,955,843 votes in favor, 1,948,892 votes against, 58,875 abstentions, and 3,251,514 non-votes.

Ralph Lauren Corporation is incorporated in Delaware and is listed on the New York Stock Exchange under the symbol RL. The information in this article is based on a press release statement and the company’s recent SEC filing.

In other recent news, Ralph Lauren has seen several updates regarding its financial and strategic outlook. UBS has raised its price target for Ralph Lauren to $385, citing strong first-quarter fundamentals and predicting an earnings per share beat of approximately 15 cents. Telsey Advisory Group also increased its price target on Ralph Lauren to $335, reflecting the company’s sustained operating momentum and brand strength as it enters fiscal year 2026. JPMorgan maintained its $355 price target, noting no signs of underlying softening in any region or channel.

Additionally, Ralph Lauren announced that Angela Ahrendts will be the new Lead Independent (LON:IOG) Director, following the company’s Annual Meeting of Shareholders. Ahrendts, who has been on the board since 2018, will succeed Hubert Joly. These developments highlight Ralph Lauren’s efforts in maintaining strong leadership and strategic direction.

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