Sensient Technologies Corporation Adopts Majority Voting Standard for Uncontested Director Elections
10/25/2013 9:54:04 AM
MILWAUKEE--(BUSINESS WIRE)--Sensient Technologies Corporation (NYSE: SXT) announced today that its Board of Directors has approved changes to the Company’s Corporate Governance Guidelines to provide for majority voting in uncontested director elections. Under the revised Guidelines, any director nominee who fails to receive a majority of the votes cast in an uncontested election must tender his or her irrevocable resignation to the Board of Directors. A director’s resignation becomes effective upon its acceptance by the Board of Directors.
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