Climb Global Solutions, Inc. (NASDAQ:CLMB), a distributor of computer and peripheral equipment and software, conducted its 2024 Annual Meeting of Stockholders on Thursday. The meeting saw robust participation with 77.20% of the company's issued and outstanding common stock represented either in person or by proxy.
During the meeting, shareholders voted on three key proposals, including the election of directors, an advisory resolution on executive compensation, and the ratification of the company's independent auditor for the fiscal year ending December 31, 2024.
The first proposal saw the election of seven board members. Shareholders re-elected Jeff Geygan, John McCarthy, Andy Bryant, Dale Foster, Gerri Gold, Greg Scorziello, and Kimberly Boren to serve until the next annual meeting and until their successors are elected and qualified. The vote count for the directors ranged from 1,963,174 to 2,556,382 in favor, with broker non-votes recorded for each nominee.
The second proposal, a non-binding advisory resolution approving the compensation of the company's named executive officers, passed with 2,379,043 votes for, 308,371 votes against, and 12,489 abstentions, along with 854,007 broker non-votes.
The third proposal involved the ratification of Deloitte & Touche LLP as the company's independent registered public accounting firm for the current fiscal year. This proposal received overwhelming support with 3,543,386 votes for, 3,838 against, and 6,686 abstentions.
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