TA Shareholders Strongly Support Its CEO
During its annual meeting yesterday, the travel center operator announced that the company's CEO was re-elected as managing director of its board of directors. O'Brien received a whopping 92 percent of the vote.
Also receiving a strong vote of confidence was Barbara Gilmore, who was re-elected as the company's independent director after earning 91 percent of the shareholder vote.
In addition, TA's nonbinding advisory proposal approving compensation paid to TA's named officers was ratified by a 93-percent vote.
Ninety-nine percent of stockholders who voted also agreed to the ratification of Ernst & Young LLP as TA's registered public accounting firm.