Cal-Maine director Letitia Hughes elected despite nearly 65% of votes withheld; CFO Max Bowman sees 39% withheld

Cal-Maine Foods shareholders withheld a majority of votes from one director nominee and more than a third from another at the company’s annual meeting on Friday, according to vote tallies filed with regulators the same day.

Letitia C. Hughes received 11,188,368 votes for and 20,486,232 withheld, meaning roughly 65% of the votes cast on her nomination were withheld, an IDD calculation. Max P. Bowman, who signed the filing as a director, vice president and chief financial officer, received 19,168,441 votes for and 12,506,159 withheld, or about 39% withheld.

The third nominee, Haley R. Fisackerly, drew 29,830,341 votes for and 1,844,259 withheld. Each nomination also recorded 5,689,306 broker non-votes.

Despite the withheld totals, the 8-K says all three nominees "were nominated and elected" to serve until the next annual meeting and until their successors are elected and qualified.

The rest of the ballot passed comfortably. An advisory vote on executive pay drew 29,983,376 votes for, 1,594,133 against and 97,091 abstentions. Ratification of Frost, PLLC as independent auditor for fiscal 2027 received 37,115,381 votes for and 183,030 against, with 65,495 abstentions.

By the numbers

• Hughes: 11,188,368 for / 20,486,232 withheld (about 65% withheld)
• Bowman: 19,168,441 for / 12,506,159 withheld (about 39% withheld)
• Fisackerly: 29,830,341 for / 1,844,259 withheld (about 6% withheld)
• Say-on-pay: 29,983,376 for / 1,594,133 against
• Auditor ratification: 37,115,381 for / 183,030 against

Sources

1. Cal-Maine Foods, Inc. Form 8-K (Item 5.07), filed Oct. 2, 2026, accession 0001562762-26-000117

This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.

Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.