other
confidence high
sentiment neutral
materiality 0.15
Banc of California shareholders elect all 11 directors and approve say-on-pay at 2022 annual meeting
BANC OF CALIFORNIA, INC.
- All 11 director nominees elected at May 12, 2022 annual meeting; each received majority of votes cast.
- Ratification of Ernst & Young as auditor for FY2022 approved with 99.8% of votes cast in favor.
- Advisory say-on-pay proposal approved with ~87% of votes cast in favor (48.7M for; 7.0M against).
- 62.2M shares outstanding as of record date March 15, 2022; 55.8M shares voted on director elections.