AGM/EGMMay 22, 2026, 04:46 PM
Banner Corp Shareholders Elect Directors, Approve Exec Comp & Auditor
AI Summary
Banner Corporation held its Annual Meeting of Shareholders on May 20, 2026. Shareholders elected twelve directors to serve a one-year term. Additionally, an advisory vote to approve executive compensation passed, and the appointment of Baker Tilly US, LLP as the independent registered public accounting firm for 2026 was ratified. A quorum was present with 26,898,124 shares represented.
Key Highlights
- Twelve directors were elected for a one-year term expiring at the 2027 annual meeting.
- Roberto R. Herencia received 82.76% of votes for director, the lowest among elected.
- Shareholders approved executive compensation with 23,497,821 votes for.
- Executive compensation received 1,331,515 votes against.
- Baker Tilly US, LLP was ratified as the independent auditor with 25,994,038 votes for.
- Auditor ratification received 872,392 votes against.
- A total of 33,872,305 shares were outstanding and entitled to vote.
- 26,898,124 shares were represented at the Annual Meeting, establishing a quorum.
Price Impact
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