other material
confidence high
sentiment positive
materiality 0.50
Medallion Financial shareholders elect board nominees with over 80% support; executive compensation also passes
MEDALLION FINANCIAL CORP
- Preliminary results show over 80% of votes cast for director nominees Robert M. Meyer and David L. Rudnick.
- Shareholders also decisively approved 2023 executive compensation plan and every-year say-on-frequency vote.
- President Andrew Murstein expressed appreciation for shareholder trust and support.
- Lead Independent Director Brent O. Hatch noted Board commitment to leverage diverse perspectives for future growth.
- Final results subject to certification by independent inspector; will be filed in a subsequent 8-K.