HURCO COMPANIES INC
For the period ended Mar 13, 2025. Filed Jan 29, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Mar 13, 2025 · Filed Jan 29, 2025
Contents
PROXY STATEMENT SUMMARY
This proxy statement and accompanying proxy are being furnished to the holders of common stock of Hurco Companies, Inc. (the “Company,” “Hurco,” “we,” or “us”) in connection with the solicitation of proxies by the Board of Directors (the “Board”) for the Company’s 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”). This proxy statement and the accompanying form of proxy are being mailed to our shareholders on or about January 29, 2025.
The following summary highlights information more fully described in our proxy statement accompanying this notice. Please read our proxy statement carefully.
Annual Meeting Overview
| When: March 13, 2025 at 10:00 a.m. Eastern Time | Where: Company Headquarters 1 Technology Way Indianapolis, Indiana 46268 | Record Date: January 17, 2025 | Materials: Available at www.hurco.com/investors under “Proxy Materials” |
Proxy Voting Roadmap
Shareholders will be asked to vote on the following matters at the 2025 Annual Meeting:
| Board’s Recommendation | Further Information | ||
| 1 | To elect eight directors to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualify | FOR each director nominee | Page 2 |
| 2 | To approve, in an advisory (non-binding) vote, the compensation paid to our named executive officers (“Say on Pay”) | FOR | Page 13 |
| 3 | To approve amendments to the Amended and Restated Hurco Companies, Inc. 2016 Equity Incentive Plan | FOR | Page 46 |
| 4 | To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 31, 2025 | FOR | Page 56 |
Director Nominees
| # of · Committee Memberships | |||||||
|---|---|---|---|---|---|---|---|
| Name | Age | Director Since | Independent | Other Public Company Boards | Audit | Compensation | Nominating and Governance |
| Michael Doar, Executive Chairman | 69 | 2000 | 1 | ||||
| Cynthia Dubin | 63 | 2019 | ✓ | 0 | ✓ | ||
| Timothy J. Gardner | 69 | 2017 | ✓ | 0 | Chair | ✓ | |
| Jay C. Longbottom | 71 | 2015 | ✓ | 0 | ✓ | ✓ | |
| Richard Porter | 69 | 2012 | ✓ | 0 | ✓ | Chair | |
| Benjamin Rashleger | 49 | New Nominee | ✓ | 0 | |||
| Janaki Sivanesan | 53 | 2008 | ✓ | 1 | Chair | ||
| Gregory S. Volovic, President & CEO | 61 | 2019 | 0 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.