other
confidence high
sentiment neutral
materiality 0.10
Leslie's adopts amended bylaws updating stockholder proposal and nomination procedures
Leslie's, Inc.
- Revised procedural mechanics and disclosure requirements for stockholder proposals and director nominations.
- Clarified parties to whom disclosure is required and types of additional info company may request about nominees.
- Eliminated certain disclosure requirements about performance-related fees and stockholder interests in competitors.
- Added that in absence of Chairman and CEO, an officer or director designated by majority of directors shall preside at meetings.