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Consolidated Water Co. Ltd. (NASDAQ:CWCO) conducted its Annual General Meeting of Shareholders on May 27, 2025, where several key issues were put to a vote. The company, based in Grand Cayman, operates within the water supply industry.
During the meeting, shareholders voted on the election of directors. The nominees, including Linda Beidler-D’Aguilar and Brian E. Butler, were elected to serve until the next annual meeting. Votes varied among the nominees, with Frederick W. McTaggart receiving the highest number of votes in favor at 9,501,761, while Leonard J. Sokolow received 6,098,352 votes in favor. There were 3,087,485 non-votes recorded.
A non-binding advisory vote on executive compensation was also held. Shareholders approved the compensation package for the company’s named executive officers, with 9,132,313 votes in favor, 481,895 against, and 76,040 abstaining. This proposal also saw 3,087,485 broker non-votes.
Additionally, the shareholders ratified the appointment of CBIZ (NYSE:CBZ) CPAs P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025. This proposal received 12,615,504 votes in favor, 120,743 against, and 41,486 abstentions, with no broker non-votes.
The information in this article is based on a press release from an 8-K SEC filing by Consolidated Water Co. Ltd.
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