Cleveland-Cliffs (CLF) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
20 May, 2026Opening remarks and agenda
Meeting called to order by the Chairman and CEO, welcoming shareholders to the virtual event and outlining the agenda and Q&A process.
Introduction of board nominees and key executives, including representatives from Deloitte & Touche and Broadridge Financial Solutions.
Confirmation of proper notice, mailing of proxy materials, and establishment of quorum with over 438 million shares represented.
Board and executive committee updates
Eight director nominees introduced, including experienced leaders from banking, finance, and asset management.
All eight nominees recommended for election by the board.
Shareholder proposals
Three proposals presented: election of directors, advisory vote on executive compensation (say on pay), and ratification of Deloitte & Touche as auditor for 2026.
Latest events from Cleveland-Cliffs
- Q2 2026 revenues hit $5.2B, adjusted EBITDA tripled, and guidance signals record earnings ahead.CLF
Q2 202623 Jul 2026 - $150M Weirton plant to create 600 union jobs and address U.S. transformer shortage.CLF
Status Update9 Jul 2026 - Q3 net loss on weak demand; Stelco deal expands footprint and targets $120M synergies.CLF
Q3 20248 Jul 2026 - Q1 2025 loss deepened, but facility idling and cost cuts set up for H2 2025 recovery.CLF
Q1 20258 Jul 2026 - Federal policy and trade reforms are fueling job growth, union strength, and local prosperity.CLF
Status Update8 Jul 2026 - Revenue up 6% to $4.92B, EBITDA positive, and free cash flow expected in Q2.CLF
Q1 202622 Apr 2026 - 2026 outlook is strong, with higher shipments, cost cuts, and gains from restructuring and tariffs.CLF
Q4 202512 Apr 2026 - Strategic restructuring, robust governance, and ESG focus position the company for 2026 growth.CLF
Proxy filing2 Apr 2026 - Votes will be cast on board nominees, executive pay, and auditor ratification at the 2026 meeting.CLF
Proxy filing2 Apr 2026