Cirrus Logic Enhances Incentives and Affirms Governance Changes

The latest update is out from Cirrus Logic (CRUS).

At Cirrus Logic, Inc.’s Annual Meeting on July 26, 2024, stockholders approved significant updates to the 2018 Long Term Incentive Plan, notably increasing share reserves by 2.67 million and extending the plan’s life to 2034. Additionally, the meeting saw the election of directors, ratification of Ernst & Young LLP as the independent auditor, approval of executive compensation, and an amendment to the company’s Certificate of Incorporation. These decisions, guided by stockholder votes, reflect strategic moves to incentivize performance and direct the company’s governance.

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