CPS Technologies shareholders elected five directors and approved executive compensation, share authorization increase, and auditor ratification at the 2026 Annual Meeting, with I. James Cavoli subsequently elected Board Chairman.
Key takeaways
All five director nominees were elected with support ranging from 71.3% to 95.7% of votes cast.
Shareholders approved the advisory vote on named executive officer compensation with 95.2% support.
Proposal to increase authorized common shares from 20 million to 25 million passed with 94.7% approval.
Shareholders voted 68.1% in favor of holding annual advisory votes on executive compensation frequency.
I. James Cavoli was elected Chairman of the Board immediately following the Annual Meeting.
Independent auditor selection was ratified with 97.3% of votes cast in favor.