other
confidence high
sentiment neutral
materiality 0.10
Quaker Chemical adopts amended bylaws with updated director nomination and proxy rules
QUAKER CHEMICAL CORP
- New bylaw requires shareholder director nominations to include Rule 14a-19 compliance representation.
- Shareholders must provide evidence of Rule 14a-19 compliance at least five business days before meetings.
- Nominations may be disregarded if shareholder fails to comply with Rule 14a-19 or amended bylaws.
- Proxy solicitations by shareholders must use a proxy card color other than white.
- Chairman authorized to determine if matters are properly brought before a meeting and may exclude improper items.