leadership
confidence high
sentiment neutral
materiality 0.55
BlueLinx director Mitchell B. Lewis fails re-election vote; Board unanimously rejects resignation
BlueLinx Holdings Inc.
- Lewis received 2,604,527 votes 'for' vs. 3,325,567 'against'; did not get majority of votes cast.
- ISS and Glass Lewis recommended against Lewis due to his Nominating Committee role and non-independence under their guidelines.
- Board rejected Lewis's resignation after considering factors; he resigned as Nominating Committee Chair.
- Marietta Edmunds Zakas named new Chairman of the Nominating Committee.
- All other director nominees re-elected; proposals on auditor ratification, say-on-pay, and 2021 Plan amendment approved.
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