other
confidence high
sentiment neutral
materiality 0.10
Velocity Financial shareholders re-elect directors, approve executive pay, ratify auditor
Velocity Financial, Inc.
- All eight director nominees re-elected; votes for ranged from 31.8M to 32.2M, against 30k-427k, broker non-votes 349,332.
- Advisory vote on 2023 named executive officer compensation approved: 32,192,729 for, 45,527 against, 27,361 abstain.
- Ratification of RSM US LLP as independent auditor for 2024 passed: 32,448,407 for, 163,141 against, 3,401 abstain.
- Annual meeting held on May 17, 2024; all three proposals carried.