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An update from Resideo Technologies (REZI) is now available.
Resideo Technologies announced that Phillip Theodore’s employment was terminated without cause, entitling him to severance benefits and a pro-rated annual incentive payout for his contributions in 2024. Shareholders approved the Amended and Restated 2018 Stock Incentive Plan, influencing the company’s long-term incentive structure. Additionally, all director nominees were elected, executive compensation was approved, Deloitte & Touche LLP was ratified as the independent accounting firm, and a shareholder proposal on excessive severance pay was rejected during the Annual Meeting of Shareholders.
Learn more about REZI stock on TipRanks’ Stock Analysis page.