other_material
confidence high
sentiment neutral
materiality 0.35
Team Inc. shareholders approve charter amendment removing cause definition for director removal
TEAM INC
- Shareholders approved charter amendment deleting specific cause definition for director removal: 2,246,502 For, 21,462 Against.
- Amendment removes language requiring felony conviction or gross negligence adjudication for cause-based removal.
- J. Michael Anderson and Jeffery G. Davis re-elected as Class III directors with ~2.21M votes each.
- Advisory say-on-pay proposal approved with 2,253,425 For, 14,007 Against.
- Ratification of KPMG as independent auditor for FY2025 approved with 3,180,197 For.
item 3.03item 5.07item 5.03