Loading...
Docoh

PowerFleet (PWFL)

Employees
Data from SEC filings
Employee count
Shareholder alignment
Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM

The Company held its Annual Meeting on July 20, 2021. At the Annual Meeting, the Company’s stockholders were asked to vote upon:

1.The election of five directors, each to serve until the Company’s 2022 annual meeting of stockholders and until their respective successors are duly elected and qualified. The nominees for election were Michael Brodsky, Michael Casey, Charles Frumberg, David Mahlab and Chris Wolfe;
2.The ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2021;
3.An advisory (non-binding) vote to approve the Company’s executive compensation;
4.The approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation to modify certain terms of the Company’s Series A Convertible Preferred Stock, as described in the Proxy Statement (the “Series A Preferred Amendment”); and
5.The approval of the Plan Amendment.

The results of the matters voted on at the Annual Meeting, based on the presence in person or by proxy of holders of record of 29,003,730 of the 35,990,402 shares of the Company’s common stock entitled to vote, were as follows:

1.The election of each of Messrs. Brodsky, Casey, Frumberg, Mahlab and Wolfe as directors of the Company to serve until the 2022 annual meeting of stockholders and until their respective successors are duly elected and qualified was approved as follows:

ForWithheldBroker Non-Votes
Michael Brodsky21,869,6563,619,4473,514,627
Michael Casey25,225,844263,2593,514,627
Charles Frumberg22,404,9293,084,1743,514,627
David Mahlab25,359,290129,8133,514,627
Chris Wolfe25,359,194129,9093,514,627

2.The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021. The voting results were as follow:

ForAgainstAbstainBroker Non-Votes
28,099,044501,341403,344

3.The stockholders approved an advisory resolution on executive compensation. The voting results were as follows:

ForAgainstAbstainBroker Non-Votes
22,510,9452,910,84467,3133,514,628



4.The stockholders approved the Series A Preferred Amendment. The voting results were as follows:

ForAgainstAbstainBroker Non-Votes
19,688,9195,749,40250,7823,514,627

5.The stockholders approved the Plan Amendment. The voting results were as follows:

ForAgainstAbstainBroker Non-Votes
15,241,56910,181,57165,9633,514,627

Also on July 20, 2021, the holders of all of the outstanding shares of the Company’s Series A Convertible Preferred Stock, voting as a separate class, elected Anders Bjork and Medhini Srinivasan to the Company’s board of directors.