Ascent Industries: Executive Changes and Shareholder Decisions

The latest update is out from Ascent Industries (ACNT).

J. Bryan Kitchen resigned from his position as a director at Ascent Industries Co. to preserve the board’s independence, but he continues as President and CEO without any disputes over company practices. At Ascent’s virtual Annual Meeting, shareholders voted on director elections, executive compensation, say-on-pay frequency, and the ratification of the company’s accounting firm, with the majority supporting the current board members, executive pay structure, annual say-on-pay, and the appointment of Moss Adams LLP as the independent auditor for the upcoming fiscal year.

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