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HomeStreet's Board Nominees Reelected After Controversial Proxy Battle

American Banker

HomeStreet's board nominees were reelected following a heated battle with an activist shareholder. The $6.9 billion-asset company said in a press release Thursday that a majority of shares cast supported Scott Boggs, Douglas Smith and Mark Patterson. HomeStreet said all of its proposals, including a nonbinding measure backing annual votes on executive compensation, passed...

Mentions: Executive Compensation stock options Mark Patterson