Digi International Inc. (DGII) has released an update to notify the public and investors about the submission of matters to a vote of security holders.
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At the virtual Annual Meeting held on January 29, 2024, Christopher D. Heim and Sally J. Smith were elected as directors for three-year terms. A non-binding advisory proposal to approve executive compensation was passed, and stockholders recommended that the frequency for approving executive compensation should be annually. Additionally, Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the upcoming fiscal year. The board decided executive compensation votes will be held yearly based on the stockholders’ advisory recommendations.
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For a comprehensive understanding of the announcement, you can read the full document here.
