IQVIA HOLDINGS INC. Files Definitive Proxy Statement

Ticker: IQV · Form: DEF 14A · Filed: Feb 23, 2024 · CIK: 1478242

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, Corporate Governance, Executive Compensation, Shareholder Meeting

TL;DR

<b>IQVIA HOLDINGS INC. has filed its Definitive Proxy Statement for the period ending April 16, 2024.</b>

AI Summary

IQVIA HOLDINGS INC. (IQV) filed a Proxy Statement (DEF 14A) with the SEC on February 23, 2024. IQVIA HOLDINGS INC. filed a Definitive Proxy Statement (DEF 14A) on February 23, 2024. The filing covers the period ending April 16, 2024. The company's principal executive offices are located at 2400 Ellis Road, Durham, NC 27703. The company was formerly known as Quintiles IMS Holdings, Inc. and Quintiles Transnational Holdings Inc. The filing includes details on executive compensation for 2023, 2022, 2021, and 2020.

Why It Matters

For investors and stakeholders tracking IQVIA HOLDINGS INC., this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding upcoming annual meetings, director nominations, executive compensation, and other corporate governance matters. Shareholders will vote on proposals presented in this document, influencing the company's strategic direction and leadership.

Risk Assessment

Risk Level: low — IQVIA HOLDINGS INC. shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than immediate financial or operational concerns.

Analyst Insight

Review the executive compensation details and shareholder proposals to understand potential impacts on company strategy and governance.

Executive Compensation

NameTitleTotal Compensation
Ari BousbibMember
Ron E. BruehlmanMember
W. Richard Staub IIIMember

Key Numbers

Key Players & Entities

FAQ

When did IQVIA HOLDINGS INC. file this DEF 14A?

IQVIA HOLDINGS INC. filed this Proxy Statement (DEF 14A) with the SEC on February 23, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by IQVIA HOLDINGS INC. (IQV).

Where can I read the original DEF 14A filing from IQVIA HOLDINGS INC.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by IQVIA HOLDINGS INC..

What are the key takeaways from IQVIA HOLDINGS INC.'s DEF 14A?

IQVIA HOLDINGS INC. filed this DEF 14A on February 23, 2024. Key takeaways: IQVIA HOLDINGS INC. filed a Definitive Proxy Statement (DEF 14A) on February 23, 2024.. The filing covers the period ending April 16, 2024.. The company's principal executive offices are located at 2400 Ellis Road, Durham, NC 27703..

Is IQVIA HOLDINGS INC. a risky investment based on this filing?

Based on this DEF 14A, IQVIA HOLDINGS INC. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than immediate financial or operational concerns.

What should investors do after reading IQVIA HOLDINGS INC.'s DEF 14A?

Review the executive compensation details and shareholder proposals to understand potential impacts on company strategy and governance. The overall sentiment from this filing is neutral.

Key Dates

Filing Stats: 4,405 words · 18 min read · ~15 pages · Grade level 14.9 · Accepted 2024-02-23 16:16:20

Key Financial Figures

Filing Documents

Executive Compensation Practices Highlights

Executive Compensation Practices Highlights 17 PROPOSAL NO. 1 Election of Directors 19 Board of Directors 20 Corporate Governance 26 Documents Establishing Our Corporate Governance 26 Corporate Governance Enhancements 27 Leadership Structure 29 Board's Role in Risk Oversight 34 Meetings and Executive Sessions 36 Board Evaluation Process 36 How to Contact the Board and its Committees 37 Sustainability 38 Stockholder Engagement 49 Director Compensation 51 Non-Employee Director Compensation Program 51 PROPOSAL NO. 2 Advisory Non-Binding Vote on Executive Compensation 53 Compensation Discussion and Analysis 54 Executive Summary 55 Say-on-Pay 60 Compensation Philosophy 61 Compensation of Our Chief Executive Officer 61 Overview of Our Executive Compensation Program 63 Elements of Compensation 66 2023 Compensation Determinations 71 Rigorous Accountability, Risk-Mitigation and Recovery Provisions 92 Leadership Development and Compensation Committee Report 94 Compensation of Named Executive Officers 95 2023 Summary Compensation Table 95 2023 Grants of Plan-Based Awards 97 Outstanding Equity Awards at Fiscal Year-End for 2023 99 2023 Option Exercises and Stock Vested 103 2023 Pension Benefits 104 IMS Health Defined Benefit Retirement Plans 105 2023 Non-Qualified Deferred Compensation 106 Potential Payments Upon Termination or Change in Control 108 CEO Pay Ratio 111 Pay versus Performance 112 PROPOSAL NO. 3 Stockholder Proposal: Transparency in Political Spending 116 IQVIA's Statement in Opposition 117 PROPOSAL NO. 4 Ratification of the Appointment of the Independent Registered Public Accounting Firm 119 Audit 120 Audit Committee Report 120 Fees Paid to Independent Registered Public Accounting Firm 121

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 122 Certain Relationships and Related Person Transactions 124 Related Party Transactions Approval Policy 124 About the 2024 Annual Meeting 125 Other Relevant Information 130 Compensation Committee Interlocks and Insider Participation 130 Overview of Russian Operations 130 Other Matters 130 Stockholder Proposals and Nominees for 2025 Annual Meeting of Stockholders 130 Incorporation by Reference 131 Cautionary Note Regarding Forward-Looking Statements 131 APPENDIX A Financial Reconciliations 133 Use of Non-GAAP Financial Measures 133 IQVIA HOLDINGS INC. 2024 Proxy Statement 7 Back to Contents Proxy Statement Summary This summary highlights information contained elsewhere in this Proxy Statement and does not contain all the information you should consider. You should read the entire Proxy Statement carefully before voting. Matters to Be Voted Upon The following table summarizes the proposals to be voted upon at the 2024 Annual Meeting of Stockholders of IQVIA Holdings Inc. (IQVIA or the Company) to be held on Tuesday, April 16, 2024, and the voting recommendations of the Company's Board of Directors (the Board) with respect to each proposal. Proposals Required Approval Board Recommendation Page Reference Election of six director nominees to one-year terms Majority of votes cast FOR each nominee 19 Advisory (non-binding) vote to approve our executive compensation (say-on-pay) Not applicable (1) FOR 53 Stockholder proposal, if properly presented Not applicable (1) AGAINST 116 Ratification of PricewaterhouseCoopers LLP as our independent registered public accounting firm for 2024 Majority of votes cast FOR 119 (1) Given this is an advisory vote, there is no required approval threshold. Our proxy materials, which include this proxy statement and our 2023 annual report, are first being mailed or made available to stockholders on

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