other material
confidence high
sentiment neutral
materiality 0.30
iHeartMedia shareholders approve officer exculpation amendment at 2024 annual meeting
iHeartMedia, Inc.
- Shareholders approved amendment to charter to exculpate officers from breach of fiduciary duty to extent permitted under Delaware law.
- All eight director nominees elected; Ernst & Young ratified as auditor; advisory say-on-pay approved.
- Amendment passed with 108,971,838 votes for (combined class) and 87,765,356 from Class A alone.