PennyMac Financial Sets Executive Plan and Holds Annual Vote

An announcement from PennyMac Financial (PFSI) is now available.

On June 4, 2024, PennyMac Financial Services, Inc. approved the Executive Deferred Compensation Plan for select management and highly compensated employees, offering voluntary deferral of base salary and bonuses for tax compliance and future payouts. The following day, at their Annual Meeting, shareholders elected 12 directors, ratified Deloitte & Touche LLP as the independent accountant, and approved executive compensation in a non-binding vote, demonstrating robust participation with over 95% of eligible shares casting votes.

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