Today, J&J (NYSE:JNJ) Snack Foods Corp. (NASDAQ:JJSF), a leader in the snack food industry, announced the results of its annual meeting of shareholders held on February 12, 2025. The company, known for its diverse portfolio of products, reported on three key proposals that were submitted to a vote by security holders.
The first proposal concerned the election of Kathleen E. Ciaramello as a director of the company. Ciaramello received overwhelming support with 17,653,503 votes in favor and only 53,918 withheld. There were 1,172,788 broker non-votes.
In the second proposal, shareholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending September 27, 2025. The decision was nearly unanimous, with 18,203,244 votes for, 675,247 against, and just 1,718 abstentions.
The third and final proposal was an advisory vote on the approval of compensation for the company's named executive officers. This proposal also passed, with 17,203,402 votes for, 443,921 against, and 60,098 abstentions. There were again 1,172,788 broker non-votes.
The meeting saw a significant turnout with holders of 18,880,209 shares of common stock present in person or by proxy, indicating active participation by the company's investors.
The SEC filing on February 14, 2025, confirmed these results, ensuring transparency and compliance with regulatory requirements. This filing underscores the company's commitment to corporate governance and accountability to its shareholders.
As per the SEC filing, the official results of the voting reaffirm the current strategic direction of J&J Snack Foods Corp. under the guidance of its board and the continued oversight of its financials by Grant Thornton LLP.
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