other_material
confidence high
sentiment neutral
materiality 0.40
El Pollo Loco stockholders approve board declassification, supermajority removal, and share increase
El Pollo Loco Holdings, Inc.
- Stockholders approved declassification of board (24.3M for, 34.6K against) and elimination of supermajority voting (24.2M for, 48K against).
- Approved amendment to equity incentive plan increasing authorized shares by 1,250,000 (17.6M for, 5.2M against).
- Elected three Class II directors: William Floyd, Douglas Babb, Nancy Faginas-Cody with over 16.8M votes each.
- Ratified BDO USA as auditor (26.9M for, 307K against); advisory say-on-pay passed (21.5M for, 1.3M against).
item 5.02item 5.07item 5.03item 9.01