LSI Industries Holds Annual Shareholders Meeting and Announces Voting Results

LSI Industries Inc. (NASDAQ: LYTS) conducted its Annual Meeting of Shareholders on November 5, 2024, where shareholders voted on various matters. The company, based in Ohio, put forth seven directors for election and also sought ratification of the Audit Committee’s appointment of Grant Thornton LLP as LSI’s Independent Registered Public Accounting Firm for fiscal 2025.

In terms of director elections, the following results were reported:
– Robert P. Beech received 19,016,933 votes for, with 3,753,189 votes withheld, and 3,575,651 broker non-votes.
– Ronald D. Brown garnered 20,209,598 affirmative votes, with 2,560,524 votes withheld, and 3,575,651 broker non-votes.
– James A. Clark saw 21,564,962 votes in favor, 1,205,160 votes withheld, and 3,575,651 broker non-votes.
– Amy L. Hanson received 21,002,344 affirmative votes, 1,767,778 votes withheld, and 3,575,651 broker non-votes.
– Chantel E. Lenard secured 21,819,028 votes for, with 951,094 votes withheld, and 3,575,651 broker non-votes.
– Ernest W. Marshall, Jr. attained 19,667,745 votes in favor, 3,102,377 votes withheld, and 3,575,651 broker non-votes.
– Wilfred T. O’Gara received 20,920,117 affirmative votes, 1,850,005 votes withheld, and 3,575,651 broker non-votes.

Regarding the ratification of Grant Thornton LLP as LSI’s Independent Registered Public Accounting Firm for fiscal 2025, the vote tallied 24,334,990 in favor, 2,000,568 against, and 10,215 abstentions.

Lastly, advisory votes on the Company’s executive compensation, as outlined in the Proxy Statement, yielded 22,192,193 votes for, 530,804 against, 47,125 abstentions, and 3,575,651 broker non-votes.

LSI Industries Inc. continues to uphold transparency and good corporate governance practices, as evidenced by the results of the recent shareholders meeting.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read LSI Industries’s 8K filing here.

LSI Industries Company Profile

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LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.

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