CIM Real Estate Finance Trust Reelects Board

Shareholders also backed yearly executive compensation votes and reappointed Deloitte as auditor.

July 23, 2025

Strong Support Across the Board

CIM Real Estate Finance Trust’s 2025 Annual Meeting took place on July 17, and stockholders made their decisions clear. Every item on the agenda received majority support—including the reelection of the full board slate, the continuation of executive pay practices, and the selection of the company’s auditor for the coming year.

Five directors—Richard Ressler, Patrick Duncan, Brian Kretzmer, Jason Schreiber, and Howard Silver—were all voted back in. Support for each ranged above 70 million votes, with a consistent level of withheld votes around the 8 to 9 million mark. Broker non-votes, which occur when shares are held by brokers without specific voting instructions, added up to over 148 million.

When it came to executive compensation, shareholders also gave a green light. More than 61 million supported the company’s 2024 pay decisions, while around 11 million voted against. Roughly 7.5 million shares abstained. Although advisory, this vote signals a level of alignment between management and shareholders.

Looking Ahead: Annual Pay Votes and Auditor Confirmation

The company also asked stockholders how often they’d like to weigh in on executive compensation. The answer: every year. Roughly 68 million voted for an annual cadence. That preference matched the board’s recommendation, and the company confirmed it will continue to hold advisory votes on a yearly basis.

Lastly, stockholders ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2025. The outcome wasn’t close— 219 million in favor, just over 3 million against, and around 5.8 million abstentions. No other proposals were put forward or voted on at the meeting.

The results provide a clear signal. With the board re-elected and shareholder preferences confirmed, CIM Real Estate Finance Trust is set to carry forward with steady governance and continuity in oversight.