Ameren Shareholders Approve Executive Compensation Despite 50% Pay Raise Ameren Corporation shareholders approved the company’s executive compensation package and re-elected its board of directors during the annual shareholder meeting on May 14, 2026. The vote on executive pay received 208,210,735 votes in favor, despite a recent report revealing that the company’s chief executive officer (CEO) had received a nearly 50% salary increase in the previous year. The approval came amid scrutiny over the significant raise, which outpaced executive pay at other regional utilities. According to official voting records, the executive compensation proposal faced some opposition, with 9,383,298 votes cast against it and 951,507 abstentions. The non-unanimous endorsement followed an announcement that Ameren had increased its CEO’s pay by almost half in 2025. The company attributed the raise to its strong operational performance, effective cost management strategies, and ambitious construction plans. These factors, it argued, justified the compensation adjustment in the context of a competitive utility sector. Goldman Sachs analyst Carly Davenport maintained a “Hold” rating on Ameren’s stock, citing stable utility sector demand and consistent operational performance. However, she set a price target of $113.00, reflecting confidence in the company’s long-term prospects. The analyst’s comments underscored the broader market sentiment toward utilities, which are often viewed as defensive investments amid economic uncertainty. In addition to the executive pay vote, shareholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.#goldman_sachs #ameren_corporation #carly_davenport #pricewaterhousecoopers_llp #ameren_missouri
