💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

AAR Corp's annual meeting results in director re-elections

EditorLina Guerrero
Published 09/17/2024, 03:24 PM
AIR
-

WOOD DALE, IL – AAR Corp (NYSE:AIR), a leading provider of aviation services to commercial and government operators, announced the results of its annual meeting held on Tuesday, where shareholders voted on several key proposals.

During the meeting, shareholders re-elected three Class I directors for a three-year term expiring in 2027. Michael R. Boyce received 23,666,496 votes for, 8,580,803 against, and 6,703 abstentions. Billy J. Nolen was re-elected with 31,012,875 votes for, 1,234,524 against, and 6,603 abstentions.

Jennifer L. Vogel secured her position with 28,730,606 votes for, 3,516,703 against, and 6,693 abstentions. The elections ensure continuity in the company's leadership, with the directors joining the existing board members in steering the company forward.

In addition, the advisory proposal to approve the company's executive compensation for the fiscal year 2024 was passed with 30,087,740 votes for, 2,147,236 against, and 19,026 abstentions. This reflects shareholder support for the company's executive pay structure.

Moreover, the appointment of KPMG LLP as AAR Corp's independent registered public accounting firm for the fiscal year ending May 31, 2025, was ratified with an overwhelming majority of 32,850,091 votes for, 1,244,680 against, and 7,275 abstentions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.