HomeStreet (HMST) has provided an announcement.
At HomeStreet, Inc.’s shareholder meeting on June 18, 2024, all eight board-nominated director candidates were elected and four out of seven proposals were approved, notably the merger with FirstSun Capital Bancorp. Shareholders agreed to the annual advisory votes on executive compensation but rejected the proposed merger-related executive compensation payments. Additionally, Crowe LLP was ratified as the independent registered accounting firm for the upcoming fiscal year. These outcomes set the stage for significant corporate developments, including a merger that carries both promising opportunities and inherent risks as outlined in the forward-looking statements.
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