Chefs' Warehouse director Richard Peretz fails majority vote, offers to resign
At the May 9, 2025 annual meeting, Chefs' Warehouse stockholders did not give director Richard N. Peretz a majority of votes cast, and he has offered to resign. The Board must decide whether to accept the resignation and disclose its decision within 90 days of May 14, 2025, and stockholders also approved a 1,550,000-share increase to the equity incentive plan.
Key points
- Richard N. Peretz received 15,655,379 votes for and 16,193,133 against his election.
- The Nominating and Governance Committee will recommend whether the Board should accept or reject the resignation.
- The Board must publicly disclose its decision and rationale within 90 days of May 14, 2025.
- Stockholders approved the 2019 Plan Amendment, which increased the shares available under the plan by 1,550,000.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.