Powell Industries Holds 2026 Annual Meeting, Re-Elects Directors and Approves Say-on-Pay Vote

Meeting Overview - Powell Industries held its 2026 virtual annual meeting of stockholders on February 18, presided over by CEO and Chairman Brett Cope, with the format aimed at broader participation [2] - The meeting included participation from employees, stockholders, and guests online, with voting allowed during the meeting prior to the closing of polls [3] Participants and Format - Cope acknowledged the presence of fellow directors, Chief Financial Officer Mike Metcalf, and corporate controller Ping Ni, who assisted with ballot tabulation [3] - Shelley Potter from PricewaterhouseCoopers was present as the independent registered public accounting firm, available for questions after the meeting [4] Quorum and Voting Details - The record date for the meeting was January 2, 2026, with 12,140,483 shares of common stock outstanding and entitled to vote [5] - A majority of shares entitled to vote were present, constituting a quorum for the meeting to proceed [5] Meeting Outcomes - Two directors, Alaina K. Brooks and Katherine B. Curtis, were re-elected to three-year terms expiring in 2029 [6] - Stockholders approved a non-binding advisory say-on-pay vote, with the compensation proposal receiving majority support [6] - Preliminary results were announced, and the company will file the final report and voting results on Form 8-K within four business days [6]