G-III board rejects resignations of two directors after majority withheld votes at annual meeting

G III APPAREL GROUP LTD /DE/

Directors Thomas J. Brosig and Laura Pomerantz each received more withheld than for votes (47.3% and 48.6% for, respectively).
Both tendered resignations under company policy; board determined acceptance not in best interests of company and stockholders.
Advisory say-on-pay vote failed: 16.6M for vs. 22.5M against; board will consider results in future compensation decisions.
Stockholders voted for annual advisory votes on executive compensation until at least 2030.
All 14 director nominees elected; Ernst & Young ratified as auditor for fiscal 2024.

item 5.07 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

G III APPAREL GROUP LTD /DE/ shareholders approved Election of Directors at the 2023-06-08 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-06-08

Exact text from the filing

Proposal No. 1: Election of Directors The Company’s stockholders elected each of the fourteen nominees for director to serve until the next Annual Meeting of Stockholders and until their respective successors shall have been duly elected and qualified based on the following votes:

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1639 shareholder votes filed in the last 30 days. Browse all shareholder votes →

G III APPAREL GROUP LTD /DE/ filing history →

Source: SEC EDGAR

accession 0001558370-23-011032

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