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Liberty TripAdvisor re-elects board members, approves proposals

EditorAhmed Abdulazez Abdulkadir
Published 13/06/2024, 11:16
© Reuters.
LTRPA
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ENGLEWOOD, CO – Liberty TripAdvisor Holdings (OTC:LTRPA), Inc. (OTCQB:LTRPA, OTCQB:LTRPB) announced the results of its annual stockholder meeting held on Monday. Stockholders voted on several key issues, including the re-election of board members and the approval of executive compensation.

In the meeting, stockholders re-elected Gregory B. Maffei and Michael J. Malone as Class III directors to serve on the company's board until the 2027 annual meeting or until their earlier resignation or removal. Votes for Maffei totaled 66,692,730, with 8,800,284 withheld, and Malone received 67,515,782 votes in favor with 7,977,232 withheld. Both directors faced a significant number of broker non-votes, which amounted to 16,668,410 for each nominee.

Additionally, the proposal to ratify the appointment of KPMG LLP as the company's independent auditors for the fiscal year ending December 31, 2024, was approved with an overwhelming majority of 92,015,436 votes for, 46,254 against, and 99,734 abstentions.

The "say-on-pay" proposal, which is an advisory vote on the compensation of the company’s named executive officers, also passed. The results showed 67,443,838 votes in support, 7,711,928 against, and 337,248 abstentions, alongside the broker non-votes.

The company, categorized under the computer processing and data preparation industry, has its headquarters in Englewood, Colorado, and operates under the ticker symbols LTRPA and LTRPB on the OTCQB Venture Market.

The information provided in this article is based on a press release statement from the Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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