Deals between EXE and its directors, executives, owners of more than 5% or their families: a relative on the payroll,
a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
Below: what the proxy filed 2025-04-25 reports that the one filed 2024-04-26 did not, quoted as filed.
New this year
1 new
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2024-04-26.
Director Retirement Policy
“Our Corporate Governance Principles include a mandatory retirement policy for directors, generally requiring retirement by the annual meeting following the director’s 80th birthday. During its 2024 review, the Board determined that all of our director nominees, other than Mr. Dell’Osso, our CEO, and Mr. Wichterich, who served as our Executive Chairman in 2021 and 2022, are independent.”
Read it in the proxy ↗
New wording of the review policy 1 paragraph without an amount or a name
Service on Other Boards
“We value the experience our directors and executives gain from serving on other public company boards. We also understand that our success depends on our directors and officers being able to dedicate sufficient time and resources to guiding and managing the Company. Accordingly, our Corporate Governance Principles limit the total number of public company boards on which our directors and executive may serve, inclusive of our own:”
Read it in the proxy ↗
The whole section 3 paragraphs, proxy filed 2025-04-25
“TRANSACTIONS WITH RELATED PERSONS The Company maintains a written policy governing related party transactions and relationships in which the Company is a participant, the amount involved exceeds $120,000, and any of current directors or executive officers, or holders of 5% or more of our common stock, or any of their respective immediate family members has or will have a direct or indirect material interest. The Audit Committee reviews and, where appropriate, approves such interested transactions, subject to specified exceptions. Related party transactions are also subject to the Company’s Code of Business Conduct. The Audit Committee approves or ratifies only those transactions that it determines in good faith to be in the best interests of the Company and its shareholders.”
Read it in the proxy ↗
Service on Other Boards
“We value the experience our directors and executives gain from serving on other public company boards. We also understand that our success depends on our directors and officers being able to dedicate sufficient time and resources to guiding and managing the Company. Accordingly, our Corporate Governance Principles limit the total number of public company boards on which our directors and executive may serve, inclusive of our own:”
Read it in the proxy ↗
Director Retirement Policy
“Our Corporate Governance Principles include a mandatory retirement policy for directors, generally requiring retirement by the annual meeting following the director’s 80th birthday. During its 2024 review, the Board determined that all of our director nominees, other than Mr. Dell’Osso, our CEO, and Mr. Wichterich, who served as our Executive Chairman in 2021 and 2022, are independent.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not.
A deal reported again with a new amount is not new. Always check the filing.
Open the proxy ↗ · Last year's proxy ↗
