Name: 2017年定時株主総会 (2017 Annual Meeting of Stockholders)
Uploaded: 2021-01-14T07:54:04.000Z
Duration: 1 h 36 min 5 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

>>Eric Schmidt: It's a great pleasure to invite all of you back.

I hope everybody enjoyed their breakfast.

And it's my privilege to invite you and welcome you to our shareholder meeting.

I'm, of course, Eric Schmidt, the executive chairman.

If you haven't, please go ahead and get your badge so we know who you are.

There is an agenda that includes, on the back, a Rules of Procedure for the meeting, which

I want to make sure everybody knows we've got a couple of folks here -- I'm just going

Starting with John Doerr, one of our longest-serving board members, my personal friend for many

decades, and a fantastic venture capitalists.

John Hennessy, among other things, a brilliant computer scientist, and former president,

I guess just recently stepped down at Stanford, and remaining at Stanford as a computer scientist

It's hard to describe the contribution that Larry Page has made to the world, but just

say that he is one of the most extraordinary human beings alive today.

[ Laughter ] I can go on, but I don't -- he hates this,

so I want to be respectful and just say, let's start with that as our threshold.

You're going to hear from Ruth Porat, myself, and David Drummond.

We also have Maura Stanley, she's a representative of Computershare.

Maura, I didn't see where she was -- Oh, there she is.

I'm sorry, would you raise your hand there.

That was a problem in another award show.

And Andrew Cotton and Matthew Taggart, representatives of Ernst & Young.

And they've done this forever and, of course, do a great job.

What we normally do here is we have sort of the formal procedural part of the meeting

and then what will happen is I'll do a short sort of update of where we are and go right

David Drummond, my colleague for 20 years, I think, close to 20 years, will now run the

I think you all know, he's the senior vice president, corporate development, chief legal

And welcome to the Annual Meeting of Stockholders, as well as the annual opportunity for Eric

and myself to wear a tie on the Google premises.

As stated in the Rules of Procedure that you probably received -- you should have received,

stockholders should not address the meeting until you're recognized.

We -- as Eric said, we have a question and answer period, so you can ask your questions

after we've finished the formal business.

So when we get to the Q&A period, if you'd like to ask a question, we have -- we usually

Maybe they will be from in the Q&A period -- where you can step up to the mic and ask

Once you've been recognized, when you are recognized, please identify yourself and your

status as either a stockholder or a representative of a stockholder, and then you can ask your

I've received the Affidavits of Mailing from Computershare and Broadridge, which state

that the notice of the meeting was dual given.

All stockholders of Class A and/or Class B common stock as of the close of business on

April 19th, 2017, are entitled to vote at this meeting.

I've also been advised by the Inspector of Elections that holders of our outstanding

Class A and Class B common stock representing at least a majority of the voting power of

our outstanding Class A and Class B common stock, which are entitled to vote, is represented

in person or by proxy at today's meeting.

And I apologize for the longest sentence in the history of mankind that I just read.

Therefore, a quorum is present today, and the meeting is duly constituted, and the business

So the first item of business, as always, is election of directors.

We have 12 directors to be elected at the meeting today.

Those directors will hold office until the 2018 Annual Meeting of Stockholders.

The board of directors has nominated the following: Larry Page, Sergey Brin, Eric E. Schmidt,

L. John Doerr, Roger W. Ferguson, Jr., Diane B. Greene, John L. Hennessy, Ann Mather, Alan

R. Mulally, Paul S. Otellini, K. Ram Shriram, and Shirley M. Tilghman.

Now, our bylaws require that stockholders provide advance notice of their intent to

We didn't receive any such notice, so accordingly, I declare the nominations for directors closed.

Now, the next matter being submitted to our stockholders is the ratification of the appointment

by the board of Ernst & Young as our independent registered public accounting firm.

And our board has recommended that our stockholders ratify the appointment of Ernst & Young as

our public accounting firm for the 2017 fiscal year.

The next matter that we've submitted to stockholders is the approval of an amendment to our 2012

Stock Plan to increase the maximum number of shares to our Class C capital stock that

can be issued under the plan by 15 million shares of Class C capital stock.

Our board has also recommended that our stockholders approve this amendment to the 2012 Stock Plan.

All of that is described in detail in our proxy statement.

Now, the next matter being submitted, on an advisory basis, is the approval of the compensation

awarded to Alphabet's named executive officers.

Our executive compensation program and the compensation paid to our named executive officers

is described in full on pages 38 to 48 of our proxy statement.

Now, our compensation programs are overseen by the Leadership Development and Compensation