The Simply Good Foods Company has determined to hold future non-binding advisory votes on executive compensation annually, following stockholder preference expressed at the Annual Meeting.
Key takeaways
Stockholders expressed preference for annual Say-on-Pay votes at the Annual Meeting.
The Board of Directors recommended annual Say-on-Pay votes in the proxy statement.
The company will hold future Say-on-Pay votes every year until the next required frequency vote.
The next Say-on-Frequency Proposal is expected no later than the 2032 annual meeting.