other material
confidence high
sentiment neutral
materiality 0.40
PennyMac Financial Services adopts executive deferred compensation plan and reports annual meeting results
PennyMac Financial Services, Inc.
- Plan allows participants to defer 5%-75% of base salary and 5%-90% of bonus, RSUs, or PSUs.
- Company may make discretionary contributions; deferrals are unfunded unsecured promises.
- At June 5 annual meeting, all 12 director nominees elected with over 43 million votes each.
- Stockholders ratified Deloitte as auditor (48.4M for) and approved say-on-pay (43.8M for).