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Abbott Annual Meeting Highlights Continued Strong Performance in 2009; Sustained Growth in 2010
Date:4/23/2010

bbott Fund increased its annual contribution in grants, patient assistance programs, humanitarian support, product donations and community programs, reaching millions of people around the world.  For more information, please see Abbott's 2009 Global Citizenship Report at www.abbott.com/citizenship.

External Recognition

In 2009, Abbott was recognized as a top employer in numerous countries around the world and was also named among the Top 25 in Barron's "World's Most Respected Companies" for the fifth consecutive year in 2010.  Also in 2010, Abbott was voted "Most Admired Company" in the pharmaceutical sector by Fortune.

Shareholder Proposals

During the meeting, the majority of shareholders rejected proposals calling for a non-binding advisory vote on executive compensation and an amendment of Abbott by-laws to allow shareholders owning at least 10 percent of Abbott's common shares to call for a special meeting.  Shareholders also ratified the selection of Deloitte & Touche LLP as auditors of the corporation for 2010.

Additionally, Abbott's 12 incumbent directors were elected to the board of directors:

  • Robert J. Alpern, M.D., Ensign professor of medicine, professor of internal medicine, and dean of Yale School of Medicine.
  • Roxanne S. Austin, president and chief executive officer, Move Networks, Inc. and president, Aus
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