Carlisle Companies Bolsters Growth and Governance with Key Acquisitions and Reforms

Carlisle Companies (CSL) has shared an update.

Carlisle Companies Incorporated successfully completed a $410 million acquisition of MTL Holdings and Blocker, enhancing shareholder value. Additionally, the company’s stockholders approved significant corporate governance changes, removing advance notice requirements for director nominations from the Charter to the Bylaws, and adapting to Delaware law changes regarding officer exculpation. These changes, alongside the approval of the 2024 Incentive Compensation Program and executive compensation for 2023, reflect a proactive stance in corporate management and compliance. The Annual Meeting also saw the re-election of directors and the ratification of Deloitte & Touche LLP as the independent auditor, indicating strong shareholder support for the company’s strategic direction.

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