ADIENT PLC (NYSE:ADNT) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
Submission of Matters to a Vote of Security Holders.
ADIENT PLC (NYSE:ADNT) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
Submission of Matters to a Vote of Security Holders.
(d) Consistent with the recommendation of the Board of Directors of Adient (the “Board”) as set forth in Adient’s proxy statement for its 2017 Annual General Meeting and the vote of the shareholders at the 2017 Annual General Meeting, Adient has adopted a policy to include an advisory vote on named executive officer compensation on an annual basis. The Board will reevaluate this determination after the next advisory vote on the frequency of named executive officer compensation, which is expected to be held at Adient’s 2023 Annual General Meeting of Shareholders.
About ADIENT PLC (NYSE:ADNT)
Adient plc, formerly Adient Limited, is an automotive seating supplier. The Company designs, manufactures and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks, including vans, pick-up trucks, and sport/crossover utility vehicles. The Company operates through two segments: Seating and Interiors. The Seating segment produces automotive seat metal structures, and mechanisms, foam, trim, fabric and complete seat systems. The Interiors segment produces instrument panels, floor consoles, door panels, overhead consoles, cockpit systems, decorative trim and other products. The Company also supplies various seating systems to the international motorsports industry through its RECARO brand of products. It operates approximately 230 manufacturing or assembly facilities, with operations in over 30 countries. Its technologies focus on offering automotive seating solutions in a range of areas, including frames, armrests and fabrics.