other material
confidence high
sentiment neutral
materiality 0.10
Marine Products elects three Class I directors, ratifies auditor, adopts 3-year say-on-pay frequency
MARINE PRODUCTS CORP
- Elected Jerry W. Nix, Patrick J. Gunning, and Ben M. Palmer as Class I directors with over 29.8M votes each.
- Ratified Grant Thornton LLP as independent auditor for FY2023: 32.6M for, 20.9K against.
- Advisory vote on executive compensation passed: 30.9M for, 208.6K against.
- Board set future say-on-pay frequency at every three years, following non-binding vote majority (28.5M for 3 years).