Houlihan Lokey (NYSE: HLI) director Robert Schriesheim to leave board in 2027
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Houlihan Lokey, Inc. reported that director Robert A. Schriesheim has informed the company that he does not intend to stand for reelection to the board when his current term ends at the company’s 2027 Annual Meeting of Shareholders.
Schriesheim has served as a director of Houlihan Lokey since July 2015. The notice provides advance transparency about future board composition but does not indicate any disagreement with the company or its policies.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What board change did Houlihan Lokey (HLI) announce in this 8-K?
Houlihan Lokey announced that director Robert A. Schriesheim informed the company he will not stand for reelection when his current term ends at the 2027 Annual Meeting of Shareholders.
Who is the Houlihan Lokey director stepping down in 2027?
The director is Robert A. Schriesheim. He has served on Houlihan Lokey’s board since July 2015 and has notified the company he does not plan to seek reelection at the 2027 Annual Meeting.
When will Robert A. Schriesheim leave the Houlihan Lokey board?
Robert A. Schriesheim plans to leave the Houlihan Lokey board when his current term expires at the company’s 2027 Annual Meeting of Shareholders, after choosing not to stand for reelection at that meeting.
How long has Robert A. Schriesheim served on Houlihan Lokey’s board?
Robert A. Schriesheim has served as a director of Houlihan Lokey since July 2015. His current term will continue until the company’s 2027 Annual Meeting of Shareholders, when he plans to step down from the board.
Does the filing mention any disagreement behind the Houlihan Lokey director’s decision?
The disclosure simply states that Robert A. Schriesheim informed Houlihan Lokey he will not stand for reelection in 2027. It does not mention any disagreement or dispute related to his decision in the text provided.