other
confidence high
sentiment neutral
materiality 0.10
Rayonier adopts bylaw amendments aligning with SEC universal proxy rules
RAYONIER INC
- Board adopted amendments effective July 21, 2023, updating shareholder nomination procedures under SEC Rule 14a-19.
- Advance notice deadline for director nominations set at 90-120 days before anniversary of prior annual meeting.
- Shareholders soliciting proxies must use a proxy card color other than white.
- Procedural mechanics for conducting shareholder meetings were also updated.
- Other ministerial changes made to align bylaws with universal proxy rules.