Replies to post #1730 on Exelixis Inc (EXEL)

[tpg]

Approval of the proposal of Exelixis’ Board of Directors to amend Exelixis’ Amended and Restated Certificate of Incorporation to declassify the Board of Directors to provide for annual elections by the 2020 Annual Meeting of Stockholders.
What that mean?
If you can explain
Appreciate it