other
confidence high
sentiment neutral
materiality 0.15
The RealReal annual meeting: two Class II directors elected, declassification and officer liability proposals rejected
TheRealReal, Inc.
- Rob Krolik and Niki Leondakis elected as Class II directors; vote totals: Krolik 42.9M for, 2.4M withheld; Leondakis 42.0M for, 3.3M withheld.
- Ratification of KPMG as independent auditor for FY2024 approved with 78.9M for, 0.1M against, 0.5M abstain.
- Advisory vote on named executive officer compensation approved with 39.9M for, 4.9M against, 0.4M abstain, 34.2M broker non-votes.
- Proposal to declassify board failed to achieve required supermajority: 43.3M for, 1.6M against, 0.4M abstain, 34.2M broker non-votes.
- Proposal to limit officer liability under Delaware law also failed: 40.2M for, 4.6M against, 0.4M abstain, 34.2M broker non-votes.