secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK:        0001604028
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001604028-24-000026
Event type: leadership
Sentiment:  positive
Materiality: 0.30
Item codes: 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Drainage Systems elects Luther C. Kissam IV to board of directors
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- Kissam elected at July 18 annual meeting; effective immediately.
- Kissam previously served as Chairman, President, and CEO of Albemarle Corp. until 2020.
- He also serves on boards of OGE Energy Corp (NYSE: OGE) and DuPont de Nemours (NYSE: DD).
- All 11 director nominees elected; say-on-pay passed with 57.7M votes for.
- Deloitte & Touche LLP ratified as independent auditor for fiscal 2025 with 62.1M for.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604028/000160402824000026/0001604028-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604028/000160402824000026/wms-20240718.htm
  HTML page:      https://secwatch.observer/filing/0001604028-24-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer