other material
confidence high
sentiment neutral
materiality 0.50
Univest shareholders approve 2023 Equity Incentive Plan and elect directors at annual meeting
UNIVEST FINANCIAL Corp
- Shareholders approved 2023 Equity Incentive Plan with 72.6% of votes cast in favor (17.99M For, 4.58M Against).
- Elected Joseph P. Beebe, Natalye Paquin, Robert C. Wonderling as Class III directors and Martin P. Connor as Alternate Director.
- Ratified KPMG LLP as independent auditor for 2023 with 99.1% of votes cast in favor (25.13M For, 0.28M Against).
- Advisory vote on executive compensation approved; company will hold annual say-on-pay votes until next frequency vote in 2029.