MasTec Enhances Incentive Plans and Elects New Directors

Mastec (MTZ) has issued an announcement.

At MasTec, Inc.’s 2024 Annual Meeting, shareholders voted in favor of amending and restating both the 2013 Incentive Compensation Plan and the 2011 Employee Stock Purchase Plan, enhancing incentives and extending their terms to 2034. The amendments include an increase in available shares for both plans and adjustments to accommodate international regulations. Additionally, Jose R. Mas and Javier Palomarez were elected as Class II directors, Pricewaterhouse Coopers LLP was ratified as the independent accounting firm for the fiscal year, and a non-binding advisory resolution on executive compensation was approved.

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