other material
confidence high
sentiment neutral
materiality 0.25
Seven Hills Realty removes mandatory arbitration bylaw; appoints Jared Lewis VP
Seven Hills Realty Trust
- Board adopted Second Amended and Restated Bylaws removing mandatory arbitration for shareholder disputes, effective May 30, 2024.
- At annual meeting, shareholders elected Adam D. Portnoy and Jeffrey P. Somers as Class II Trustees for three-year terms.
- Non-binding advisory vote on executive compensation passed with 5,970,912 for, 810,753 against, 109,254 abstain.
- Shareholders ratified Deloitte & Touche as independent auditor for 2024 with 10,679,808 for, 564,745 against.
- Jared Lewis appointed Vice President, effective immediately; he also serves as VP at RMR Group and Tremont Realty Capital.