FREIT of New Jersey Elects Directors, Ratifies Accountants By Investing.com


First Real Estate Investment Trust of New Jersey (OTC Pink Market:FREVS) held its annual stockholders meeting today, resulting in the election of three directors and the ratification of its independent registered public accountants for the upcoming fiscal year.

At the meeting, stockholders voted to elect John A. Aiello, Richard J. Aslanian, and David B. Hekemian as Directors of the Trust for three-year terms. The voting results were as follows: Aiello received 4,295,291 votes for and 380,563 votes withheld; Aslanian garnered 4,250,251 votes for and 425,603 votes withheld; and Hekemian had 4,247,551 votes for and 428,303 votes withheld. There were 1,753,881 broker non-votes for each director.

In addition to the director elections, stockholders approved the Audit Committee’s appointment of EisnerAmper LLP as the Trust’s independent registered public accountants for the fiscal year ending October 31, 2024. The ratification passed with 6,050,315 votes for, 375,570 votes against, and 3,850 abstentions.

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