other material
confidence high
sentiment neutral
materiality 0.15
TPI Composites shareholder vote: board declassification fails; all directors elected
TPI COMPOSITES, INC
- Directors Hughes, Jordan, and Jonna elected to Class III with 13.0M, 10.8M, and 22.5M votes for, respectively.
- Ratification of independent auditor approved: 26.2M for, 1.1M against, no broker non-votes.
- Advisory say-on-pay passed: 19.1M for, 4.7M against, 47K abstentions.
- Proposal to declassify the board failed (needed 75% of outstanding shares); got 23.7M for, 94K against.
- No other material matters; meeting held on May 25, 2022.