InterDigital Hosts Annual Meeting of Shareholders

Rhea-AI Summary

InterDigital, listed on NASDAQ under the symbol IDCC, held its annual shareholder meeting on June 3, 2020. Shareholders elected seven board members for a one-year term, including Joan H. Gillman and S. Douglas Hutcheson. An advisory resolution to approve executive compensation was passed, alongside the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2020. The company develops mobile and video technologies, addressing key industry challenges and holds licenses with leading tech firms. More details can be found on the company’s official website.

Positive

• Election of seven board members, ensuring continued governance stability.
• Approval of executive compensation demonstrates shareholder support.
• Ratification of an independent auditor enhances financial transparency.

Negative

• None.

WILMINGTON, Del., June 04, 2020 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, held its annual meeting of shareholders on June 3, 2020 via the internet through an interactive webcast.

At the meeting, the company’s shareholders approved the election of Joan H. Gillman, S. Douglas Hutcheson, John A. Kritzmacher, John D. Markley, Jr., William J. Merritt, Jean F. Rankin and Philip P. Trahanas as members of the Board of Directors for a one-year term expiring at the 2021 annual meeting of shareholders.

Shareholders also passed an advisory resolution to approve the company’s executive compensation as reported in its 2020 proxy statement and ratified the appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the year ending December 31, 2020.

An archive of the webcast of the annual meeting is available at http://www.virtualshareholdermeeting.com/IDCC2020 and will also be available shortly on the “Events and Presentations” page of the Investors section of the company’s website, http://ir.interdigital.com/event.

About InterDigital^®

InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia experiences years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world’s leading technology companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400^® index.
InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
Patrick Van de Wille
Email:patrick.vandewille@interdigital.com
+1 (302) 300-1857
                                                                   

FAQ

What did InterDigital shareholders approve on June 3, 2020?

Shareholders approved the election of board members, approved executive compensation, and ratified the independent auditor.

Who were the newly elected board members of InterDigital?

The newly elected board members include Joan H. Gillman, S. Douglas Hutcheson, and others.

What is the stock symbol for InterDigital?

The stock symbol for InterDigital is IDCC.

How can I access the archived webcast of InterDigital’s annual meeting?

The archived webcast is available on the company’s website and can be accessed at http://www.virtualshareholdermeeting.com/IDCC2020.

What does InterDigital specialize in?

InterDigital specializes in developing mobile and video technologies.