ADTRAN, Inc. (NASDAQ:ADTN) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to a Vote of Security Holders.
ADTRAN, Inc. (the “Company”) held its Annual Meeting of Stockholders on May 8, 2019 (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders (i) elected seven directors to serve a one year term expiring at the 2020 Annual Meeting of Stockholders (Proposal 1); (ii) approved, on an advisory basis, the executive compensation policies of the Company, as well as the compensation of the named executive officers (Proposal 2); and, (iii) ratified the appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019 (Proposal 3). The voting results for these proposals are presented in the tables below:
Proposal 1 – Election of Directors
Proposal 2 – Advisory Vote on Executive Compensation
Proposal 3 – Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019
About ADTRAN, Inc. (NASDAQ:ADTN)
ADTRAN, Inc. is a provider of networking and communications equipment. The Company’s solutions enable voice, data, video and Internet communications across a range of network infrastructures. It operates through two segments: the Carrier Networks Division and the Enterprise Networks Division. Its Carrier Networks Division supplies the network access products, services and supports that service providers require to connect their customers to transmission and switching networks. Its Enterprise Networks Division delivers a portfolio of networking and communications solutions for small and medium-sized businesses, as well as distributed enterprises. Its portfolio includes Cloud Connectivity solutions, such as Internet Protocol (IP) business gateways and access routers, which provide business access to service provider networks, and Enterprise Communications solutions, which enable businesses to construct voice, data and video networks at the customer’s site or among distributed sites.
