Ormat Technologies Inc (ORA) has shared an announcement.
Ormat Technologies, Inc. shareholders have given their nod to significant corporate proposals at the 2024 Annual Meeting, including the expansion and extension of the 2018 Incentive Compensation Plan and an amendment to the Certificate of Incorporation to limit the liability of certain officers. These approvals, pivotal for the company’s governance and incentive strategies, demonstrate shareholder support for the board’s recommendations and the strategic direction they set for executive compensation and structural organization. Also confirmed were the election of directors, executive compensation, and the ratification of the company’s independent auditors for the coming fiscal year.
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