other material
confidence high
sentiment neutral
materiality 0.15
ACV Auctions holds 2024 Annual Meeting; all proposals pass overwhelmingly
ACV Auctions Inc.
- Stockholders elected Kirsten Castillo, René F. Jones, and Brian Radecki as Class III directors with >226M votes each.
- Advisory say-on-pay proposal passed with 287.8M votes for (99.6% support) vs 1.2M against.
- Ratification of Ernst & Young as independent auditor for FY2024 approved with 300.5M votes for (0.05% against).
- Broker non-votes were 11.5M on director and say-on-pay proposals; zero on auditor ratification.