TruBridge, Inc. — fact timeline

TruBridge, Inc. reported third quarter ended September 30, 2022 results: revenue $82.8 million, net income $2.2 million, EPS $0.15 per diluted share.

“Total revenues for the third quarter ended September 30, 2022, were $82.8 million, compared with total revenues of $70.1 million for the prior-year quarter. GAAP net income for the quarter ended September 30, 2022, was $2.2 million, or $0.15 per diluted share, compared with $2.7 million, or $0.19 per diluted share, for the quarter ended September 30, 2021.”

TruBridge, Inc.: Adopted Amended and Restated Bylaws with various revisions including remote meeting authorization, updated DGCL references, and new procedures for universal proxy rules (effective 2022-10-26).

“On October 26, 2022, the Board of Directors (the “Board”) of the Company adopted Amended and Restated Bylaws of the Company (as amended, the “Bylaws”), effective on such date.”

James B. Britain departed as Vice President – Finance and Controller at TruBridge, Inc..

“On October 28, 2022, the Company notified James B. Britain that he will no longer serve as Vice President – Finance and Controller of the Company effective upon the filing of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2022.”

Troy D. Rosser departed as Senior Vice President – Sales at TruBridge, Inc..

“announced the departure of Troy D. Rosser, the Company’s Senior Vice President – Sales, effective December 31, 2022.”

David A. Dye was appointed as Chief Operating Officer at TruBridge, Inc..

“appointed David A. Dye as Chief Operating Officer of the Company, effective October 10, 2022.”

TruBridge, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accountants at the 2022-05-12 meeting.

“Proposal 4 – Ratification of Appointment of Independent Registered Public Accountants . The stockholders ratified the appointment of Grant Thornton LLP as the independent registered public accountants of the Company for the year ending December 31, 2022. The result of the vote taken at the 2022 Annual Meeting was as follows: Votes For Votes Against Abstentions 12,992,359 378,478 1,187”

TruBridge, Inc. shareholders approved Advisory Vote on Executive Compensation at the 2022-05-12 meeting.

“Proposal 3 – Advisory Vote on Executive Compensation . The stockholders adopted a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed in the Company’s 2022 Proxy Statement in accordance with the compensation disclosure rules of the Commission. The result of the vote taken at the 2022 Annual Meeting was as follows: Votes For Votes Against Abstentions Broker Non-Votes 12,264,489 187,957 11,889 907,689”

TruBridge, Inc. shareholders approved Approval of the Amendment and Restatement of the 2019 Incentive Plan at the 2022-05-12 meeting.

“Proposal 2 – Approval of the Amendment and Restatement of the 2019 Incentive Plan . The stockholders approved the adoption of the Amended and Restated Plan. The result of the vote taken at the 2022 Annual Meeting was as follows: Votes For Votes Against Abstentions Broker Non-Votes 11,745,254 711,381 7,700 907,689”

TruBridge, Inc. shareholders approved Election of Three Class II Directors at the 2022-05-12 meeting.

“Proposal 1 – Election of Three Class II Directors . The stockholders elected each of the director nominees to serve as a Class II director until the Company’s 2025 Annual Meeting of Stockholders and until a successor has been duly elected and qualified. The three nominees were current Class II directors of the Company who were re-elected. The result of the vote taken at the 2022 Annual Meeting was as follows: Name Votes For Votes Against Abstentions Broker Non-Votes J. Boyd Douglas 12,185,296 278,284 755 907,689 Charles P. Huffman 11,718,021 744,477 1,837 907,689 Denise W. Warren 12,335,482 128,478 375 907,689”

Christopher L. Fowler was appointed as Director at TruBridge, Inc..

“The Board has voted to appoint Mr. Fowler to fill the to-be-vacated seat on the Board.”

Christopher L. Fowler was appointed as President and Chief Executive Officer at TruBridge, Inc..

“the appointment of Christopher L. Fowler, currently the Chief Operating Officer (“COO”) of the Company and President of the Company’s subsidiary, TruBridge, LLC (“TruBridge”), as President and CEO of the Company, effective as of July 1, 2022”

J. Boyd Douglas, Jr. departed as Director at TruBridge, Inc..

“As of the Transition Date, Mr. Douglas intends to step down as a member of the Board.”

J. Boyd Douglas, Jr. departed as President and Chief Executive Officer at TruBridge, Inc..

“J. Boyd Douglas, Jr. notified the Company that he intends to retire as President and Chief Executive Officer (“CEO”) of the Company, effective as of June 30, 2022.”