Entera Bio elected Haya Taitel to its Board of Directors at its annual meeting, approved revised executive compensation, and ratified Kesselman & Kesselman as auditors. The election of a new board member is expected to positively impact the company's governance and financial oversight. Analysts rate ENTX as a Buy with a $10.00 price target.
Entera Bio Ltd. (NASDAQ: ENTX) held its 2025 Annual Meeting of Shareholders on Wednesday, where shareholders voted on several key proposals. The meeting saw the election of Haya Taitel to the Board of Directors for a three-year term, with 17,288,920 votes in favor, 3,069,140 against, 137,907 abstentions, and 6,197,026 broker non-votes [1].
Additionally, shareholders ratified and approved revised compensation terms and a one-time grant of compensation for Chief Executive Officer and Director Miranda Toledano, with 19,524,783 votes for, 428,993 against, 542,191 abstentions, and 6,197,026 broker non-votes. Similar compensation proposals were approved for Chief of Research & Development Dr. Gregory Burshtein and Chief Financial Officer Dana Yaacov-Garbeli. Shareholders also ratified the company’s amended and restated compensation policy for directors and officers, and on an advisory, non-binding basis, compensation of the company’s named executive officers was approved [1].
Furthermore, shareholders approved the appointment of Kesselman & Kesselman, a member firm of PricewaterhouseCoopers International Limited, as the company’s independent auditors for the fiscal year ending December 31, 2025. The vote was 26,617,578 in favor, 59,966 against, and 15,449 abstentions [1].
The election of Haya Taitel to the Board of Directors is expected to positively impact the company's governance and financial oversight. Analysts rate ENTX as a Buy with a $10.00 price target.
References:
[1] https://www.investing.com/news/sec-filings/entera-bio-shareholders-approve-board-election-and-compensation-proposals-93CH-4142570
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