Crawford & Co shareholders approve key proposals

Published 13/05/2025, 19:04
Crawford & Co shareholders approve key proposals

Crawford & Company (NYSE:CRD-A), a global provider of claims management solutions, announced the results of its Annual Meeting of Shareholders held on May 8, 2025. Shareholders voted on several key proposals, including the election of directors, amendments to the Employee Stock Purchase Plan, executive compensation, and the ratification of the company’s independent registered public accountants.

The shareholders elected all director nominees to serve until the next annual meeting. The directors elected include Inga K. Beale, Cameron M. Bready, Jesse C. Crawford, Sr., Jesse C. Crawford, Jr., Fred R. Donner, Lisa G. Hannusch, Joel T. Murphy, Rahul Patel, and Rohit Verma. The votes cast for each nominee varied, with the majority receiving over 17 million votes for their election and a relatively small number of votes withheld.

Additionally, a proposal to approve an amendment to the Crawford & Company 2016 Employee Stock Purchase Plan, which authorizes an additional 1,000,000 shares of Class A Common Stock for issuance under the Plan, was approved by shareholders. The advisory vote on the compensation paid to the company’s named executive officers in 2024 also passed with a majority of the votes cast in favor.

The appointment of KPMG, LLP as the independent registered public accounting firm for the fiscal year 2025 was ratified by the shareholders, with a significant majority voting for the ratification.

The total number of Class B common stock shares entitled to vote was 19,144,928, and the number of shares represented at the meeting was 18,476,813, constituting 96.51% of the voting power. The matters acted upon during the meeting were decided with a clear majority, indicating shareholder support for the company’s current direction and governance.

This report is based on a press release statement.

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