PFSweb, Inc. (PFSW: Quote) said Friday that all corporate proposals were approved at the company's 2012 annual meeting of stockholders.
At the meeting, stockholders approved the election of David Beatson and James Reilly as Class I directors; ratified the appointment of Grant Thornton LLP as the company's independent auditors for the fiscal year ending December 31, 2012.
Stockholders also approved amendments to the company's 2005 Employee Stock and Incentive Plan to increase the number of shares of common stock issuable thereunder by 900,000 shares; and approved the amendment to the Non-Employee Director Stock Option and Retainer Plan to increase the number of shares of common stock issuable thereunder by 50,000 shares.
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by RTT Staff Writer
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