Affiliated Managers Group, Inc. (NYSE:AMG) Files An 8-K Submission of Matters to a Vote of Security Holders
ITEM5.07
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Submission of Matters to a Vote of Security Holders. |
The Annual Meeting of Stockholders of Affiliated Managers
Group,Inc. (the Company) was held on June13, 2017. At that
meeting, the stockholders considered and acted upon the following
proposals:
1.The Election of Directors. The stockholders
elected the following individuals to serve as directors until the
2018 Annual Meeting of Stockholders and until their respective
successors are duly elected and qualified. The table below sets
forth the voting results for each director:
| VotesFor | VotesAgainst | Abstentions | ||||||||||
|
Samuel T. Byrne |
47,830,090 | 992,710 | 431,877 | |||||||||
|
Dwight D. Churchill |
48,584,968 | 657,515 | 12,194 | |||||||||
|
Glenn Earle |
48,389,896 | 852,553 | 12,228 | |||||||||
|
Niall Ferguson |
48,187,694 | 1,054,815 | 12,168 | |||||||||
|
Sean M. Healey |
47,317,604 | 1,861,566 | 75,507 | |||||||||
|
Tracy P. Palandjian |
48,127,584 | 1,097,899 | 29,194 | |||||||||
|
Patrick T. Ryan |
44,451,762 | 4,370,964 | 431,951 | |||||||||
|
Jide J. Zeitlin |
48,282,586 | 540,019 | 432,072 |
2. Non-Binding Advisory Vote on Executive
Compensation. The stockholders voted to approve, by a
non-binding advisory vote, the compensation of the Companys named
executive officers. The table below sets forth the voting
results:
|
VotesFor |
VotesAgainst |
Abstentions |
||
|
30,013,453 |
18,546,831 | 694,393 |
3. Non-Binding Advisory Vote on Frequency of Executive
Compensation Advisory Votes. The stockholders
recommended that a non-binding advisory vote to approve the
compensation of the Companys named executive officers occur every
year. The table below sets forth the voting results:
|
1 year |
2 years |
3 years |
Abstentions |
|||
|
48,003,378 |
171,882 | 1,061,826 | 17,591 |
Based on the results of this vote, and consistent with the Board
of Directors recommendation in the Proxy Statement, the Company
will hold a non-binding advisory vote on executive compensation
annually until the next vote on frequency.
4. The Approval of a Charter Amendment. The
stockholders voted to approve an amendment to the Companys
Amended and Restated Certificate of Incorporation to enable
stockholders to remove directors with or without cause by a
majority stockholder vote. The table below sets forth the voting
results.
|
Votes For |
Votes Against |
Abstentions |
||
|
48,992,630 |
249,027 | 13,020 |
5. The Ratification of the Selection of
PricewaterhouseCoopers LLP as the Companys Independent Registered
Public Accounting Firm for the Current Fiscal Year. The
stockholders voted to ratify the selection of
PricewaterhouseCoopers LLP as the Companys independent registered
public accounting firm for the current fiscal year. The table
below sets forth the voting results:
|
Votes For |
Votes Against |
Abstentions |
||
|
49,034,520 |
2,123,333 | 112,969 |
In addition, in the case of each of proposals one, two, three and
four, the number of broker non-votes was 2,016,145. There were no
broker non-votes on proposal five.
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About Affiliated Managers Group, Inc. (NYSE:AMG)
Affiliated Managers Group, Inc. is an asset management company with equity investments in boutique investment management firms (Affiliates). The Company is focused on investing in the boutique investment management firms globally, including traditional, alternative and wealth management firms, specializing in an array of active return-oriented investment strategies. The Company manages assets in its three distribution channels: Institutional, Mutual Fund and High Net Worth. Through its Affiliates, the Company manages active return-oriented strategies primarily through separate accounts for large institutional investors around the world, including foundations, endowments, sovereign wealth funds and retirement plans for corporations and municipalities. The Company’s aggregate assets under management are $611.3 billion in over 500 investment products across a range of active return-oriented strategies and distribution channels.
