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Tile Shop Holdings announces board election and auditor ratification

EditorEmilio Ghigini
Published 20/06/2024, 11:06
TTSH
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Tile Shop (NASDAQ:TTSH) Holdings, Inc. (NASDAQ:TTSH), a retailer specializing in home furnishings and equipment, announced the outcome of its 2024 Annual Meeting of Stockholders, which took place on Monday.

Shareholders elected Deborah K. Glasser and Linda Solheid as Class III directors, with terms extending until the 2027 Annual Meeting. Additionally, the company's shareholders ratified the appointment of RSM US LLP as their independent registered public accounting firm for the current fiscal year.

The election of directors resulted in Deborah K. Glasser securing 25,223,392 votes for and 2,245,647 withheld, with Linda Solheid receiving a similar count of 25,226,124 for and 2,242,915 withheld. Both elections saw 4,258,055 broker non-votes. The other directors, whose terms continued beyond the Annual Meeting, include Peter J. Jacullo III, Cabell H. Lolmaugh, Peter H. Kamin, and Mark J. Bonney.

In the vote on the ratification of RSM US LLP as the independent auditor, the firm received overwhelming support with 31,599,785 votes for, 64,398 against, and 62,911 abstentions.

The non-binding advisory vote on executive compensation also passed with 27,084,741 votes for, 115,071 against, and 269,227 abstentions, alongside 4,258,055 broker non-votes.

Tile Shop Holdings, headquartered in Plymouth, Minnesota, conducts its business through numerous retail outlets across the country. The decisions made at the Annual Meeting are part of the company's governance process, ensuring that shareholder voices are heard and that the company is held accountable to its investors.

The information provided in this article is based on a press release statement from the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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