other_material
confidence high
sentiment negative
materiality 0.70
Array Technologies say-on-pay proposal fails at 2025 annual meeting
Array Technologies, Inc.
- Stockholders elected Jayanthi Iyengar and Tracy Jokinen as directors with 63.7M and 114.9M votes for, respectively.
- Ratification of Deloitte & Touche as auditor for FY2025 passed with 127.1M votes for.
- Non-binding say-on-pay proposal received 56.6M votes for vs 60.9M against; broker non-votes 10.4M.
- The say-on-pay failure indicates shareholder discontent with executive compensation.
item 5.07