other material
confidence high
sentiment neutral
materiality 0.15
Envela shareholders re-elect all five directors, approve say-on-pay, and choose triennial advisory vote
Envela Corp
- All five director nominees elected: Loftus, Ruth, Griffin, DeStefano, Schepp received >21.2M votes each.
- Ratification of Whitley Penn LLP as auditor approved with 23.1M for, 3,748 against.
- Say-on-pay approved with 21.6M for, 84K against; advisory frequency vote favored 3 years (20.6M) over 1 year (1.1M).
- Adjournment proposal approved but not needed as all other proposals passed.
- Turnout: 23.3M shares (86.38% of outstanding) represented at the meeting.