CommScope Stockholders Approve Proxy Proposals
May 07 2021 - 1:28PM
Business Wire
The stockholders of CommScope Holding Company, Inc., a global
leader in network connectivity solutions, approved seven proxy
proposals today at the company’s annual meeting of
stockholders.
CommScope stockholders approved an amendment to the Company’s
amended and restated certificate of incorporation to eliminate the
classified structure of the Company’s Board of Directors. CommScope
stockholders also re-elected Mary S. Chan, Stephen C. Gray, L.
William Krause and Derrick A. Roman as directors, each for a term
ending at the 2022 annual meeting, and ratified the appointment of
Ernst & Young LLP as the company’s independent registered
public accounting firm for the 2021 fiscal year. The stockholders
also approved, on a non-binding advisory basis, the compensation of
the company’s named executive officers. In addition, the
stockholders approved the termination of certain executive
performance options and the grant of selective performance-based
retention equity awards, as well as additional shares under the
company’s 2019 Long-Term Incentive Plan. Additionally, the holders
of Series A Convertible Preferred Stock, voting as a separate
class, re-elected Patrick R. McCarter as a director for a term
ending in 2022.
About CommScope:
CommScope (NASDAQ: COMM) is pushing the boundaries of technology
to create the world’s most advanced wired and wireless networks.
Our global team of employees, innovators and technologists empower
customers to anticipate what’s next and invent what’s possible.
Discover more at www.commscope.com.
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Source: CommScope
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version on businesswire.com: https://www.businesswire.com/news/home/20210507005513/en/
Investor Contact: Michael McCloskey, CommScope +1
828-431-9874 Michael.McCloskey@commscope.com
News Media Contact: Kalia Farrell, CommScope +1
215-323-1059 publicrelations@commscope.com
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