other material
confidence high
sentiment neutral
materiality 0.40
Park National shareholders eliminate cumulative voting rights for director elections
PARK NATIONAL CORP /OH/
- Shareholders approved amendment to Articles to eliminate cumulative voting (11.1M for, 1.6M against, 1.6M broker non-votes).
- Related bylaw amendments to remove cumulative voting references also approved.
- Five directors elected for 3-year terms: Alvarado, Bertley, Kambeitz, McLain, Ramser.
- Advisory say-on-pay resolution passed with 12.2M votes in favor.
- Crowe LLP ratified as independent auditor for fiscal 2022 (14.3M for).