P10 appoints Tracey Benford as lead independent director

P10, Inc. (NYSE: PX), a leading private markets solutions provider, recently announced the results of its annual meeting of stockholders and the appointment of Tracey Benford as the lead independent director. The company's stockholders elected three class III directors to serve on the board until the 2027 annual meeting of stockholders. They also approved an amendment to the P10, Inc. 2021 incentive plan to increase the number of shares issuable under the plan by 11,000,000 shares and ratified the appointment of KPMG LLP as the company's independent registered public accounting firm to audit the company's financial statements for the fiscal year ending December 31, 2024.

P10 has a global investor base of more than 3,600 investors across 50 states, 60 countries, and six continents, including some of the world's largest pension funds, endowments, foundations, corporate pensions, and financial institutions.

At the annual meeting, all motions put forward by the company were passed, signifying a unified view from the board of directors and stockholders. Tracey Benford, who joined the board in April 2024, will continue to serve on the company’s audit committee, compensation committee, and nominating and corporate governance committee. According to Luke Sarsfield, P10's chairman and chief executive officer, the board is confident that Benford will provide critical industry expertise, strategic guidance, and prudent stewardship as the lead independent director, supporting the company's growth plan and establishing strong governance policy for effective oversight.

The official voting results for each item voted on by stockholders will be disclosed in a report to be filed with the Securities and Exchange Commission. For additional information on these proposals, interested parties can refer to the company's proxy statement.

As of March 31, 2024, P10 has a global investor base of more than 3,600 investors across 50 states, 60 countries, and six continents. As a result of these announcements, the company's shares have moved -0.4% on the market, and are now trading at a price of $7.97. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.