leadership
confidence high
sentiment negative
materiality 0.60
Chefs' Warehouse director Richard Peretz fails to win majority vote, tenders resignation
Chefs' Warehouse, Inc.
- Richard N. Peretz received 15,655,379 for vs 16,193,133 against; failed to achieve majority.
- Peretz offered to resign; Board's Nominating and Governance Committee will recommend action within 90 days.
- All other eight director nominees elected with strong support; Ivy Brown, Goldstone, Lewis, Owens, Pappas, Pappas, Walton-Ruskin, Weinstein.
- Stockholders approved amendment to 2019 Omnibus Equity Incentive Plan increasing share reserve by 1,550,000 shares.
- Say-on-pay passed with 29,728,703 for, 2,098,279 against; auditor BDO USA ratified with 33,502,473 for.