Business
Lifetime Brands, Inc. Announces Results of 2024 Annual Meeting
Declares Dividend to be Paid August 15, 2024 GARDEN CITY, N.Y., June 21, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (Nasdaq: LCUT), a leading global
About this update from Lifetime Brands, Inc.
[{"type":"text","content":"Declares Dividend to be Paid August 15, 2024\nGARDEN CITY, N.Y., June 21, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (Nasdaq: LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, announced the results of the votes taken at the Company’s 2024 Annual Meeting of Stockholders held Thursday, June 20, 2024. The stockholders elected the following directors to serve until the next Annual Meeting of Stockholders: Jeffrey Siegel Chairman of the Board, Former Executive Chairman, Lifetime Brands, Inc.Robert B. Kay Chief Executive Officer, Lifetime Brands, Inc.Rachael A. Jarosh Former President and Chief Executive Officer, EnactusCherrie Nanninga Partner, Real Estate Solutions Group, LLCCraig Phillips Retired, Senior Vice President — Distribution, Lifetime Brands, Inc.Veronique Gabai-Pinsky Former Global President, Vera Wang Group, LLCBruce G. Pollack Managing Partner, Centre Partners Management, LLCMichael J. Regan Retired Certified Public AccountantMichael Schnabel Senior Partner, Centre Partners Management, LLC In addition, stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. On a non-binding advisory basis, stockholders approved the 2023 compensation of the Company’s named executive officers and a one-year frequency with which stockholders are provided an advisory vote on executive compensation. The stockholders also approved an amendment and restatement of the Company’s Amended and Restated 2000 Long-Term Incentive Plan. Separately, on Thursday, June 20, 2024, Lifetime’s Board of Directors declared a quarterly cash dividend of $0.0425 per share payable on August 15, 2024 to stockholders of record at the close of business on August 1, 2024. Lifetime Brands, Inc. Lifetime Brands is a leading global designer, developer and marketer of a broad range of branded consumer products used in the home. The Company markets its products under well-known kitchenware brands, including Farberware®, KitchenAid®, Sabatier®, Amco Houseworks®, Chef’n® Chicago™ Metallic, Copco®, Fred® & Friends, Houdini™, KitchenCraft®, Kamenstein®, La Cafetière®, MasterClass®, Misto®, Swing-A-Way®, Taylor® Kitchen, and Rabbit®; respected tableware and giftware brands, including Mikasa®, Pfaltzgraff®, Fitz and Flo...