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 Holders
Adient plc (“Adient”) held its 2018 Annual General Meeting of Shareholders on March 12, 2018 (the “2018 Annual General Meeting”). The independent inspector of elections for the 2018 Annual General Meeting delivered its final tabulation of voting results for each of the matters submitted to a vote of shareholders at the 2018 Annual General Meeting, certifying on March 12, 2018 the voting results set forth below.
Proposal One:
Adient’s shareholders elected, by separate resolutions, the following seven directors for a period of one year, expiring at the end of Adient’s Annual General Meeting of Shareholders in 2019, by the following votes:
|
Nominee |
For |
Against |
Abstain |
Broker Non-Vote |
|
John M. Barth |
77,933,263 |
1,005,344 |
645,632 |
6,455,618 |
|
Julie L. Bushman |
77,952,560 |
907,530 |
724,149 |
6,455,618 |
|
Raymond L. Conner |
77,900,195 |
955,840 |
728,204 |
6,455,618 |
|
Richard Goodman |
77,895,274 |
950,026 |
738,939 |
6,455,618 |
|
Frederick A. Henderson |
78,285,753 |
593,590 |
704,896 |
6,455,618 |
|
R. Bruce McDonald |
77,051,936 |
1,733,609 |
798,694 |
6,455,618 |
|
Barb J. Samardzich |
77,947,055 |
906,922 |
730,262 |
6,455,618 |
Proposal Two:
Adient’s shareholders ratified, by non-binding advisory vote, the appointment of PricewaterhouseCoopers LLP as Adient’s independent auditor for fiscal year 2018 and authorized, by binding vote, the Board of Directors, acting through the Audit Committee, to set the auditors’ remuneration by the following vote:
|
For |
Against |
Abstain |
|
85,183,108 |
229,867 |
626,882 |
Proposal Three:
Adient’s shareholders approved, on an advisory basis, the compensation of Adient’s named executive officers by the following vote:
|
For |
Against |
Abstain |
Broker Non-Vote |
|
68,663,901 |
8,965,634 |
1,954,704 |
6,455,618 |
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.