NexPoint Residential Trust Inc. has announced that James Dondero will continue to serve on its board of directors despite receiving more withheld votes than votes in favor during the 2025 annual meeting. The board, following the Nominating and Corporate Governance Committee's recommendation, decided to reject Dondero's resignation. The decision was based on his expertise, experience, and role as Chairman and President, as well as his attendance at all board meetings in 2025. Dondero will remain on the board until the 2026 annual meeting or until a successor is appointed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NexPoint Residential Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-023672), on July 28, 2025, and is solely responsible for the information contained therein.