Zevra's Annual Meeting Results: A Clear Path Forward for Growth

Zevra Therapeutics Re-Elects Key Board Members for Continued Excellence
Zevra Therapeutics, Inc. (NasdaqGS: ZVRA) is proud to announce the results of its 2025 Annual Meeting of Stockholders, which resulted in the re-election of two key members, Dr. Wendy L. Dixon and Tamara A. Favorito. This monumental decision reflects the confidence stockholders have in Zevra's vision and strategic direction.
Commitment to Growth and Patient Impact
During the meeting, the Company reiterated its unwavering commitment to driving growth and enhancing its strategic initiatives aimed at providing innovative therapies for individuals affected by rare diseases. The Board emphasized the importance of customer-focused innovation as the driving factor in their future plans.
Acknowledgement of Stockholder Support
The Board expressed sincere gratitude to stockholders for their active participation in the voting process, which showcased a solid endorsement of Zevra’s leadership and direction. This strong support for Dr. Dixon and Ms. Favorito indicates a clear endorsement of the current growth strategy, which aims to create value for all stakeholders involved.
Understand the Election Process
The election process was straightforward yet highlighted the importance of adhering to guidelines set by regulatory bodies. Daniel J. Mangless, a stockholder, attempted to challenge the nominations but ultimately failed to meet the requirements of the SEC's proxy rules, which unfortunately made his nominations invalid.
Results of the Independent Election
According to the independent Inspector of Elections, the vote results were quite informative. Dr. Dixon and Ms. Favorito secured 73.97% and 73.41% of the votes, respectively, while their opposing nominees received considerably lower confidence from the stockholders. This outcome underscores the strong preference for the existing board’s strategic approach.
Looking Ahead: Zevra’s Strategic Focus
With the electoral results affirming their current path, Zevra's management is now focused on accelerating initiatives to deliver long-term value. The strong stockholder mandate allows them to venture deeper into their strategic plans, aimed at making significant advancements in rare disease treatments.
Independent Auditor Appointment Approved
In addition to board elections, stockholders also ratified Ernst & Young LLP as the independent auditors for the fiscal year ending December 31, 2025. This move reflects transparency and regulatory compliance, further instilling confidence among investors.
About Zevra Therapeutics
Zevra Therapeutics is dedicated to transforming the lives of patients living with rare diseases. Through innovative science and data-driven strategies, the Company is addressing significant challenges in drug development. Zevra aims to bring essential therapies to those in need, making a profound difference in their lives.
Frequently Asked Questions
What is the significance of the recent Annual Meeting results for Zevra?
The results reflect strong stockholder support for Zevra’s leadership and strategic direction, allowing the company to continue its focus on growth and innovation.
Who were re-elected to the Board of Directors?
Wendy L. Dixon, Ph.D. and Tamara A. Favorito were re-elected as Class I Directors to serve until the 2028 Annual Meeting.
How did stockholders vote during the meeting?
Stockholders overwhelmingly supported the current Board, with Dr. Dixon and Ms. Favorito receiving over 73% of the votes cast.
What were the main outcomes of the Annual Meeting?
Key outcomes included the re-election of Board members and the ratification of Ernst & Young LLP as independent auditors for 2025.
What does Zevra Therapeutics focus on?
Zevra is focused on providing therapies for people living with rare diseases, striving to innovate and overcome drug development challenges.
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