leadership
confidence high
sentiment negative
materiality 0.60
Two Perma-Pipe directors resign after failing to receive majority votes at 2025 annual meeting
Perma-Pipe International Holdings, Inc.
- Directors David B. Brown and Robert J. McNally tendered resignations after receiving less than a majority of votes cast at the Annual Meeting.
- Board accepted resignations effective when successors are identified and appointed.
- Nominating and Corporate Governance Committee recommended acceptance without the directors' participation.
- Successors must be approved by Board without participation of Brown and McNally.