other_material
confidence high
sentiment neutral
materiality 0.10
IBOC annual meeting re-elects eight directors, ratifies RSM as auditor
INTERNATIONAL BANCSHARES CORP
- All eight director nominees elected; votes ranged from 42.5M (Howland) to 50.4M (Miles) For.
- Directors Howland and Norton each faced over 8M votes against (8.45M and 8.39M respectively).
- Ratification of RSM US LLP as independent auditor passed with 55.98M For, 195,629 Against.
- Non-binding advisory vote on executive compensation approved: 49.4M For, 1.59M Against.
- No broker non-votes on auditor ratification; all other proposals had 5.17M broker non-votes.
item 5.07