other
confidence high
sentiment neutral
materiality 0.10
MasterBrand sets annual frequency for advisory say-on-pay votes
MasterBrand, Inc.
- Board adopted annual advisory vote on executive compensation after shareholder majority supported annual frequency.
- Non-binding vote held at June 6, 2023 annual meeting; shareholders voted 48,171,971 for annual, 874,303 for biennial, 189,391 for triennial.
- Annual frequency will continue until next required advisory vote on frequency of say-on-pay.
- Disclosure made via amendment to original 8-K filed June 9, 2023.