Bridgford Foods : Submission of Matters to a Vote of Security Holders - Form 8-K
September 27, 2023 at 10:00 am EDT
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Item 5.07 Submission of Matters to a Vote of Security Holders
The Company held its annual meeting of shareholders on Tuesday, September 26, 2023, as a virtual meeting online via live audio webcast at which the matters set forth below were submitted to a vote of stockholders. Shareholders representing 8,678,008, or 95.6%, of the 9,076,832 shares entitled to vote were voted virtually or by proxy. Proxies for the meeting were solicited pursuant to Regulation 14A of the Securities Exchange Act of 1934. At the Annual Meeting, management Proposals 1, 2, 3 and 4 were approved. The proposals below are described in detail in the Company's definitive proxy statement dated September 1, 2023, for the Annual Meeting.
The results are as follows:
Proposal 1
The following persons were nominated and elected directors to serve for a one-year term expiring at the annual meeting of shareholders in 2023:
William L. Bridgford
Allan Bridgford Sr.
Todd C. Andrews
Raymond F. Lancy
Keith A. Ross
Mary Schott
D. Gregory Scott
John V. Simmons
The shareholder voting for board members is summarized as follows:
Director
Votes For
Votes Withheld
Broker Non-Votes
William L. Bridgford
7,321,914
364,570
991,524
Allan Bridgford Sr.
7,300,548
385,936
991,524
Todd C. Andrews
7,504,770
181,714
991,524
Raymond F. Lancy
7,319,163
367,321
991,524
Keith A. Ross
7,315,685
370,799
991,524
Mary Schott
7,528,171
158,313
991,524
D. Gregory Scott
7,524,243
162,241
991,524
John V. Simmons
7,323,584
362,900
991,524
Proposal 2
Votes cast for appointment of Baker Tilly US, LLP as the independent registered public accounting firm for the Company for the fiscal year ending November 3, 2023, were as follows:
8,662,613 FOR
6,240 AGAINST
9,155 ABSTAINED
Proposal 3
The management proposal to approve, on an advisory basis, the compensation of the named executive officers of the Company, as described in the proxy materials was approved. The results of shareholder voting were as follows:
For
Against
Abstained
Broker Non-Vote
7,642,246
31,575
12,663
991,524
Proposal 4
The management proposal to approve, on an advisory basis, the frequency of future advisory votes on the compensation of named executive officers of the Company, as described in the proxy materials was approved at 3 years. The results of shareholder voting were as follows:
Bridgford Foods Corporation published this content on 27 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2023 13:59:08 UTC.
Bridgford Foods Corporation is primarily engaged in the manufacturing, marketing, and distribution of various frozen and snack food products throughout the United States. The Company's segments include Frozen Food Products and Snack Food Products. The Frozen Food Products segment is engaged in the processing and distribution of frozen food products. The Snack Food Products segment is engaged in the processing and distribution of snack food products. It offers various products, including biscuits, bread dough items, roll dough items, dry sausage products and beef jerky. Its direct store delivery network consists of non-refrigerated snack food products. Its Frozen Food Products division serves both food service and retail customers. It sells over 140 frozen food products through approximately 780 wholesalers, cooperatives, and distributors. Its snack food products division sold over 160 different items through customer-owned distribution centers and a direct-store-delivery network.
BRIDGFORD FOODS CORPORATION 
