other
confidence high
sentiment neutral
materiality 0.15
Medallion Financial shareholders elect company-nominated Class I directors; reject dissident slate
MEDALLION FINANCIAL CORP
- Company nominees Robert M. Meyer and David L. Rudnick elected as Class I directors with ~12.4M votes each.
- Dissident nominees Judd Deppisch and Stephen Hodges defeated, receiving ~3.5M votes each.
- Non-binding advisory vote on 2023 executive compensation approved: 11.8M for, 4.1M against.
- Shareholders approved 'every year' frequency for future advisory compensation votes: 15.0M for.
- 68.59% of outstanding shares (16.0M of 23.4M) present at the June 11, 2024 annual meeting.