Perma-Fix Environmental Services holds annual meeting, reelects directors and approves auditor

Published 29/07/2025, 20:54
Perma-Fix Environmental Services holds annual meeting, reelects directors and approves auditor

Perma-Fix Environmental Services Inc. (NASDAQ:PESI) held its 2025 annual meeting of stockholders on Thursday. According to a press release statement based on the company’s SEC filing, stockholders voted on three proposals.

As of June 2, 2025, the record date, there were 18,452,227 shares of common stock outstanding and entitled to vote. At the meeting, 13,782,236 shares were present in person or by proxy, representing approximately 74.69% of eligible shares.

Stockholders reelected all nine directors to the board. The director nominees and the number of votes cast for and withheld were as follows: Thomas P. Bostick (7,681,007 for, 264,188 withheld), Dr. Louis F. Centofanti (7,779,714 for, 165,481 withheld), Mark J. Duff (7,728,333 for, 216,862 withheld), Kerry C. Duggan (7,407,749 for, 537,446 withheld), Joseph T. Grumski (7,733,019 for, 212,176 withheld), Joe R. Reeder (7,522,286 for, 422,909 withheld), Larry M. Shelton (7,310,477 for, 634,718 withheld), Zach P. Wamp (7,684,108 for, 261,087 withheld), and Mark A. Zwecker (7,308,658 for, 636,537 withheld). Each nominee was elected to serve until the next annual meeting or until a successor is duly elected and qualified.

Stockholders also ratified the appointment of Grant Thornton LLP as the company’s independent registered public accounting firm for the 2025 fiscal year. The results were 13,764,715 votes for, 10,632 against, and 6,889 abstentions.

In addition, the 2024 compensation of the company’s named executive officers was approved by a non-binding advisory vote. There were 6,337,589 votes for, 595,696 against, and 1,011,910 abstentions.

The results and information in this article are based on the company’s statement in its SEC filing.

In other recent news, Perma-Fix Environmental Services reported its first-quarter 2025 earnings, showing a revenue increase to $13.9 million, which is a 2.2% rise compared to the previous year. However, the company missed earnings per share (EPS) expectations, reporting -$0.19 against the anticipated -$0.12. Despite the EPS miss, the report indicates that investors remain optimistic about the company’s strategic initiatives and future prospects. There was no mention of any mergers or acquisitions in the recent developments for Perma-Fix. Analyst updates or changes in stock ratings were also not highlighted in the recent news. Investors appear to be focusing on the revenue growth and potential future strategies of the company. This recent information provides insight into the financial performance and market sentiment surrounding Perma-Fix.

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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