JACK IN THE BOX INC. (NASDAQ:JACK) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders
The annual meeting of the stockholders of Jack in the Box Inc. (the “Company”) was held on February 27, 2018. Matters submitted to the stockholders and voted upon at the meeting, which are more fully described in the Company's proxy statement, were as follows: (1)Election of the nine members of the board of directors; (2)Ratification of the appointment of KPMG LLP as independent registered public accountants for the fiscal year ending September 30, 2018; and (3)Consideration and approval of an advisory (non-binding) resolution regarding executive compensation. All directors were elected; and Proposals (2) and (3) were approved. The final voting results are set forth below.
(1) The following directors were elected by the affirmative vote of a majority of votes cast for that director (abstentions and broker non-votes are not counted either as a vote cast “for” or “against):
|
Nominees for Director |
Votes Cast For |
Votes Cast Against |
Abstain |
Broker Non-Votes |
|
|
Number |
% of Votes Cast |
||||
|
Leonard A. Comma |
23,346,416 |
98.52 |
351,415 |
12,057 |
2,267,689 |
|
David L. Goebel |
23,415,549 |
98.79 |
286,840 |
7,499 |
2,267,689 |
|
Sharon P. John |
23,475,002 |
99.04 |
227,181 |
7,705 |
2,267,689 |
|
Madeleine A. Kleiner |
21,740,700 |
91.72 |
1,963,899 |
5,289 |
2,267,689 |
|
Michael W. Murphy |
23,288,573 |
98.26 |
413,303 |
8,012 |
2,267,689 |
|
James M. Myers |
23,683,540 |
99.92 |
18,853 |
7,495 |
2,267,689 |
|
David M. Tehle |
23,308,138 |
98.34 |
394,276 |
7,474 |
2,267,689 |
|
John T. Wyatt |
23,683,958 |
99.92 |
18,498 |
7,432 |
2,267,689 |
|
Vivien M. Yeung |
23,474,803 |
99.04 |
227,626 |
7,459 |
2,267,689 |
(2) The appointment of KPMG LLP was ratified by a majority of the votes cast (there were no broker non-votes on this proposal):
|
Votes Cast For |
Votes Cast Against |
Abstain |
|
|
Number |
% of Votes Cast |
||
|
25,642,497 |
98.71 |
320,280 |
14,800 |
(3) The compensation of named executive officers was approved, on an advisory basis, by a majority of the votes cast (abstentions are counted as votes “against” the proposal; broker non-votes are not counted as either “for” or “against” the proposal):
|
Votes Cast For |
Votes Cast Against |
Abstain |
Broker Non-Votes |
|
|
Number |
% of Votes Cast |
|||
|
23,272,763 |
98.16 |
298,108 |
139,017 |
2,267,689 |
About JACK IN THE BOX INC. (NASDAQ:JACK)
Jack in the Box Inc. operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas. Jack in the Box is a hamburger chain, which offers a selection of products, including classic burgers such as, Jumbo Jack burgers, and new product lines, such as Buttery Jack burgers, and its Brunchfast menu. As of October 2, 2016, the Company operated 2,954 Jack in the Box QSRs and Qdoba fast-casual restaurants. As of October 2, 2016, Jack in the Box system included 2,255restaurants, of which 417 were company-operated and 1,838 were franchise operated. As of October 2, 2016, the Qdoba system included 699 restaurants, of which 367 were company operated and 332 were franchise operated.
