Pangaea Logistics Solutions held its 2026 Annual Meeting on May 7, 2026, with shareholders voting on director elections, auditor ratification, and executive compensation.
Key takeaways
All director nominees were elected with majority votes; Richard T. du Moulin received the lowest support at 44.4M for.
Ratification of Deloitte & Touche as auditor passed overwhelmingly with 53.4M votes for.
Advisory vote on executive compensation passed with 47.0M for, indicating shareholder approval.
Broker non-votes were significant at 5.7M for director elections, reflecting institutional holdings.
Quorum was achieved with 54.3M shares represented, 83% of outstanding shares.