8-K
filed May 11, 2023, 7:59 PM ET
ticker PRG
CIK 0001808834
leadership
confidence high
sentiment neutral
materiality 0.50
PROG Holdings appoints Todd King as Chief Legal and Compliance Officer effective May 15
PROG Holdings, Inc.
- Todd King, previously VP and Chief Corporate Governance, Securities Law and M&A Counsel since Jan 2017, promoted to CLO.
- He will oversee Legal, Compliance, Enterprise Risk Management, and Government Relations.
- Shareholders elected all 9 director nominees; say-on-pay passed with 39.8M for vs 0.8M against.
- Advisory vote on executive compensation frequency set at every 1 year (38.7M votes for).
- Ratification of Ernst & Young as auditor for 2023 approved with 41.9M for vs 1.3M against.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Todd King was appointed as Chief Legal and Compliance Officer at PROG Holdings, Inc..
- Action
- appointed
- Role
- Chief Legal and Compliance Officer
Exact text from the filing
On May 11, 2023, PROG Holdings, Inc. (the “Company”) announced that the Company’s Board of Directors appointed Todd King as Chief Legal and Compliance Officer, effective as of May 15, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROG Holdings, Inc. shareholders approved Approval of a non-binding resolution to approve the Company’s executive compensation at the 2023-05-10 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
Proposal 2 – Approval of a non-binding resolution to approve the Company’s executive compensation For Against Abstain Non-Votes 39,818,812 805,774 46,390 2,565,131
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROG Holdings, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2023 at the 2023-05-10 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
Proposal 4 – Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2023 For Against Abstain Non-Votes 41,926,971 1,283,986 25,150 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROG Holdings, Inc. shareholders approved Election of directors at the 2023-05-10 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
the Company’s shareholders took the actions listed below and elected each of the director nominees to serve as directors until the expiration of such director’s term at the Company’s 2024 annual meeting of shareholders and until such director’s successor is duly elected and qualified, or until such director’s earlier resignation, removal from office or death, having cast the following votes: Proposal 1 – Election of directors For Against Abstain Non-Votes Kathy T. Betty 39,940,605 695,248 35,123 2,565,131 Douglas C. Curling 40,253,735 398,195 19,046 2,565,131 Cynthia N. Day 38,776,901 1,875,142 18,933 2,565,131 Curtis L. Doman 39,921,210 730,796 18,970 2,565,131 Ray M. Martinez 40,239,228 412,189 19,559 2,565,131 Steven A. Michaels 40,286,996 365,087 18,893 2,565,131 Ray M. Robinson 39,367,497 1,284,874 18,605 2,565,131 Caroline S. Sheu 40,197,406 438,247 35,323 2,565,131 James P. Smith 40,242,006 410,107 18,863 2,565,131
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROG Holdings, Inc. shareholders approved Approval of a non-binding recommendation to approve the frequency (every 1, 2 or 3 years) of the advisory vote on executive compensation at the 2023-05-10 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
Proposal 3 – Approval of a non-binding recommendation to approve the frequency (every 1, 2 or 3 years) of the advisory vote on executive compensation 1 Year 2 Years 3 Years Abstain Non-Votes 38,745,294 7,261 1,908,056 10,365 2,565,131
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.