other material
confidence high
sentiment negative
materiality 0.55
Manhattan Associates director Raghavan fails majority vote; resigns pending board decision
MANHATTAN ASSOCIATES INC
- At May 23, 2024 annual meeting, Class II director Deepak Raghavan received 26,651,066 for and 28,527,302 against — majority against.
- Per company's Majority Voting Director Resignation Policy, Raghavan tendered resignation conditional on board acceptance.
- Nomination and Governance Committee will review resignation and recommend; board will decide and announce promptly.
- Shareholders approved say-on-pay with 51,093,922 for (91.7%) and ratified Ernst & Young as auditor for FY2024.
- Other Class II nominees Eger and Hollembaek elected with majority votes.