TTM Technologies (TTMI) has provided an update.
TTM Technologies, Inc. announced the resignation of Dr. Dov S. Zakheim from the Board of Directors due to mandatory retirement, followed by the appointment of Mr. Wajid Ali as a Class I director. Ali, whose term will expire at the 2025 annual stockholders meeting, is expected to serve on the Audit Committee and will receive compensation matching other non-employee directors. His appointment is contingent on approval from the Defense Counterintelligence and Security Agency. Additionally, the Company’s Annual Meeting saw a high turnout with nearly 95% of shares represented, and all proposed amendments and director elections were approved, including amendments for director removal and exculpation of officers.
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