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Deckers re-elects 9 directors


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Deckers re-elects 9 directors

Shareholders of U.S. footwear retailer Deckers Outdoor Corp. re-elected nine directors to the company's board, Deckers said Dec. 19 as it disclosed the final results of its annual meeting held Dec. 14.

The re-elected directors are John Gibbons, Karyn Barsa, Nelson Chan, Michael Devine III, John Perenchio, Dave Powers, James Quinn, Lauri Shanahan and Bonita Stewart.

Kristen Feldman, Steve Fuller and Anne Waterman, who were all nominated by Marcato Capital Management LP in a bid to secure seats on Deckers' board, were not elected by the shareholders. The activist hedge fund, which holds an 8.5% stake in Deckers, previously argued that its board nominees would help improve the footwear retailer's performance.

The results reflect the same outcome as a preliminary vote count conducted by Deckers.

The shareholders also ratified the appointment of KPMG LLP as the company's independent registered public accounting firm for fiscal 2018.