other material
confidence high
sentiment negative
materiality 0.15
Aurinia shareholders reject say-on-pay, equity plan; four directors face conditional resignations
Aurinia Pharmaceuticals Inc.
- CEO Peter Greenleaf and three other directors received less than majority support; conditional resignations submitted under Majority Voting Policy.
- Say-on-pay vote failed: 30.8M for, 45.3M against, 0.5M abstain.
- Equity Incentive Plan amendment not approved: 35.7M for, 40.5M against.
- PricewaterhouseCoopers ratified as auditor with 85.6M for, 8.1M against.
- Board will decide on the four directors' resignations within 90 days per policy.