Envela Corporation held its annual meeting of stockholders on June 25, 2025. The meeting included several proposals for a vote. The election of John R. Loftus, Jim R. Ruth, Alexandra C. Griffin, Richard D. Schepp, Vicky C. Teherani, and Vince A. Ackerson as members of the Board of Directors was approved. The appointment of Whitley Penn LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. The advisory vote to approve the compensation of named executive officers was approved. The advisory vote to determine the frequency of future advisory votes on executive compensation was decided in favor of holding the votes every three years. The adoption of the company's 2025 Equity Incentive Plan was approved.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.