WEBSTER FINANCIAL CORPORATION (NYSE:WBS) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
held its 2017 annual meeting of shareholders (the Annual Meeting)
at the New Britain Museum of American Art, 56 Lexington Street,
New Britain, CT 06052. At the Annual Meeting, the Companys
shareholders voted on four proposals each of which is described
in the Companys Definitive Proxy Statement on Schedule 14A (the
Proxy Statement), which was filed with the Securities and
Exchange Commission on March 17, 2017. The following is a brief
description of each matter voted upon and the results of such
voting, including the number of votes cast for or against each
matter and the number of abstentions, if applicable, and broker
non-votes with respect to each matter:
directors to serve one-year terms, as set forth below:
|
NOMINEES
|
VOTES
FOR
|
VOTES AGAINST
|
VOTES ABSTAINED
|
BROKER
NON-VOTES
|
|
William L. Atwell
|
81,097,707
|
71,814
|
145,596
|
5,210,854
|
|
Joel S. Becker
|
80,805,196
|
381,446
|
128,475
|
5,210,854
|
|
John J. Crawford
|
80,478,031
|
700,669
|
136,417
|
5,210,854
|
|
Elizabeth E. Flynn
|
81,096,375
|
77,075
|
141,667
|
5,210,854
|
|
Laurence C. Morse
|
80,973,319
|
193,722
|
148,076
|
5,210,854
|
|
Karen R. Osar
|
81,054,509
|
127,223
|
133,385
|
5,210,854
|
|
Mark Pettie
|
81,098,554
|
69,916
|
146,647
|
5,210,854
|
|
Charles W. Shivery
|
81,030,469
|
140,665
|
143,983
|
5,210,854
|
|
James C. Smith
|
80,659,638
|
508,437
|
147,042
|
5,210,854
|
|
Lauren C. States
|
81,130,239
|
68,896
|
115,982
|
5,210,854
|
basis, the compensation of the Companys named executive officers
as set forth below:
|
Votes For
|
Votes Against
|
Abstain
|
Broker Non-Votes
|
|
78,148,007
|
2,777,065
|
390,045
|
5,210,854
|
of Directors of KPMG LLP as the independent registered public
accounting firm of Webster for the fiscal year ending December
31, 2017, as set forth below:
|
Votes For
|
Votes Against
|
Abstain
|
|
86,123,101
|
207,620
|
195,250
|
basis, on the frequency of an advisory vote on the compensation
of the named executive officers of Webster, as set forth below:
|
1 Year
|
2 Years
|
3 Years
|
Abstain
|
|
71,002,944
|
280,091
|
9,701,310
|
330,772
|
About WEBSTER FINANCIAL CORPORATION (NYSE:WBS)
Webster Financial Corporation is a bank and financial holding company. The Company’s segments include Commercial Banking, Community Banking, HSA Bank, Private Banking, and Corporate and Reconciling. The Commercial Banking segment includes middle market, asset-based lending, commercial real estate, equipment finance, and treasury and payment solutions. The Community Banking segment consists of personal banking, business banking and a distribution network consisting of banking centers and automated teller machines (ATMs), telephone banking, and Web and mobile-based banking services. HSA Bank, a division of Webster Bank, offers health savings accounts, health reimbursement accounts, flexible spending accounts and other financial solutions for healthcare. The Private Banking segment provides full relationship banking that serves high net worth clients, not-for-profit organizations and business clients for asset management, trust, loan, and deposit products and financial planning services. WEBSTER FINANCIAL CORPORATION (NYSE:WBS) Recent Trading Information
WEBSTER FINANCIAL CORPORATION (NYSE:WBS) closed its last trading session down -1.21 at 50.81 with 830,314 shares trading hands.
