The Toro Company (NYSE:TTC) successfully concluded its 2024 Annual Meeting of Shareholders on March 19, 2024.
During the meeting, shareholders elected Gary L. Ellis and Jill M. Pemberton as director nominees, who will each serve on the board until the 2027 annual meeting.
Additionally, the assembly ratified the appointment of KPMG as TTC's independent registered public accounting firm for the fiscal year ending on October 31, 2024, and granted advisory approval for the executive compensation of TTC's named executive officers.
The election of the directors and the ratification of proposals illustrate strong shareholder backing for TTC's existing leadership and governance approaches.
Particularly, the advisory approval on executive compensation underscores the shareholders' endorsement of the company's strategies regarding executive pay.