La-Z-Boy shareholders approve 2024 Omnibus Incentive Plan and elect 10 directors
At its August 27, 2024 annual meeting, La-Z-Boy shareholders approved the 2024 Omnibus Incentive Plan, which replaces the 2022 plan and authorizes 3,090,000 shares for grants. Shareholders also elected all ten director nominees, ratified PricewaterhouseCoopers LLP as auditor for fiscal 2025, and approved executive compensation in a non-binding advisory vote. The plan governs future equity and incentive awards to officers, directors and employees.
Key points
- 2024 Plan approved with 34,632,557 votes for and 2,307,990 votes against, with 47,141 abstentions and 2,194,896 broker non-votes
- Plan authorizes 3,090,000 shares and replaces the La-Z-Boy Incorporated 2022 Omnibus Incentive Plan
- All ten director nominees elected to serve until the 2025 annual meeting; Michael T. Lawton had the most votes withheld at 797,148
- Non-binding say-on-pay vote approved with 35,751,445 votes for and 1,185,114 against
The filing
Written by AI on Nov 8, 2026, 6:57 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 August 28, 2024.
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.