Chefs' Warehouse board rejects director Richard Peretz's conditional resignation after vote
Chefs' Warehouse's board decided not to accept director Richard N. Peretz's conditional resignation, so he will remain on the board. Peretz received more votes against his re-election than for it at the 2024 annual meeting, which triggered the company's majority vote policy.
Key points
- Peretz offered to tender his resignation on May 9, 2025, under the company's majority vote policy.
- The Nominating and Governance Committee recommended on May 19, 2025 not to accept the resignation; the board agreed on May 22, 2025.
- ISS recommended against Peretz's re-election over attendance below 75% of board and committee meetings; the board said the missed meetings were scheduled before he joined the board.
- Peretz has served as a director since March 4, 2024, and did not take part in deliberations on his resignation.
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 23, 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.