Commercial Metals Company Announces Results of Annual Meeting

Commercial Metals Company (NYSE: CMC) revealed the outcome of its annual meeting of stockholders, held on January 15, 2025, through an 8-K filing with the Securities and Exchange Commission. The meeting saw discussions and voting on several significant matters.

Regarding the election of directors, stockholders voted on three individuals to serve as Class III directors until the 2028 annual meeting of stockholders. Lisa M. Barton, Gary E. McCullough, and Charles L. Szews were all elected to serve three-year terms, ending in 2028. The voting results showed overwhelming support for all nominees.

Additionally, the appointment of Deloitte & Touche LLP as Commercial Metals Company’s independent registered public accounting firm for the fiscal year ending August 31, 2025, was also ratified during the meeting. The majority of votes were in favor of this decision.

Another critical aspect of the meeting was the advisory vote on the compensation of the named executive officers of the Company, as detailed in the proxy statement for the Annual Meeting. The stockholders approved this proposal, showing support for the compensation package presented.

The detailed voting results for each matter were provided in the filing, including the votes for, against, and abstentions, as well as the broker non-votes. Notably, the results reflected strong shareholder approval across all matters discussed during the annual meeting.

Commercial Metals Company duly signed off on the report on January 16, 2025, with Jody K. Absher, Senior Vice President, Chief Legal Officer, and Corporate Secretary, acting on the Company’s behalf.

Investors and stakeholders can access the full details of the voting results and proceedings of the annual meeting through the Company’s definitive proxy statement dated November 26, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Commercial Metals’s 8K filing here.

Commercial Metals Company Profile

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.