Leadership & Pay ·
Houlihan Lokey shareholders approve plan resetting share reserves to 12 million and elect Thomas Reichert
HLIHoulihan Lokey, Inc.
Houlihan Lokey, Inc. held its annual meeting on September 16, 2026, approving the Second Amended and Restated 2016 Incentive Award Plan, which resets share reserves to 12 million and reduces automatic increases from 6% to 1%. The Board elected Thomas Reichert as an independent Class I director effective October 1, 2026, granting him $120,000 in restricted stock. Christopher M. Crain retired as General Counsel to become Corporate Senior Advisor, while Prabha Sipi Bhandari was appointed Chief Legal Officer and Secretary. Shareholders also ratified KPMG LLP as auditor and approved advisory compensation. Houlihan Lokey operates as a global investment bank providing strategic financial advice, mergers and acquisitions, restructuring, and valuation services.