ARROW ELECTRONICS, INC. (NYSE:ARW) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

ARROW ELECTRONICS, INC. (NYSE:ARW) 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

The annual meeting of shareholders of Arrow Electronics, Inc.
(the Company) was held on May 11, 2017. The proposals are
described in the Companys Proxy Statement in connection with the
2017 Annual Meeting of Shareholders. As of the record date, there
were a total of 89,174,805 shares of common stock outstanding and
entitled to vote at the annual meeting. At the annual meeting
81,702,920 shares of common stock were represented in person or
by proxy. Therefore, a quorum was present.

Proposal 1 Election of directors

The number of directors is fixed at nine and the following
persons were nominated to serve, and were elected, as directors
of the Company. The voting results for each nominee were as
follows:

Board Member	For	Withheld	Broker Non-votes
Barry W. Perry	75,425,387	3,560,611	2,716,922
Philip K. Asherman	78,012,788	973,210	2,716,922
Gail E. Hamilton	77,193,149	1,792,849	2,716,922
John N. Hanson	74,791,802	4,194,196	2,716,922
Richard S. Hill	68,032,953	10,953,045	2,716,922
M.F. (Fran) Keeth	77,245,540	1,740,458	2,716,922
Andrew C. Kerin	78,077,245	908,753	2,716,922
Michael J. Long	74,618,704	4,367,294	2,716,922
Stephen C. Patrick	75,651,231	3,334,767	2,716,922

Proposal 2 The ratification of the appointment of Ernst Young LLP
as the Companys independent registered public accounting firm for
the fiscal year ending December 31, 2017

The shareholders were asked to ratify the appointment of Ernst
Young LLP as the Companys independent registered public
accounting firm. The appointment was ratified with 78,606,687
shares voting for, 3,010,747 shares voting against, and 85,486
shares abstaining.

Proposal 3 Advisory vote on executive compensation

The shareholders were asked to approve, on an advisory basis, the
compensation paid to the Companys executive officers, as
described in the Companys Proxy. The proposal was passed by the
shareholders with 72,762,090 shares in favor, 6,020,804 shares
against, 203,104 shares abstaining, and 2,716,922 broker
non-votes.

Proposal 4 Advisory vote on the frequency of the advisory vote on
executive compensation

The shareholders recommended that the advisory vote to approve
the compensation of the Companys executive officers occur every
year, with the following non-binding vote:

Every Year	Every Other Year	Every Third Year	Abstentions	Broker Non-votes
67,046,776	96,123	11,766,020	77,079	2,716,922

About ARROW ELECTRONICS, INC. (NYSE:ARW)
Arrow Electronics, Inc. is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The Company has a portfolio of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions and tools for industrial and commercial customers. The Company operates in two segments: Global Components and Global Enterprise Computing Solutions. The Company distributes electronic components to original equipment manufacturers and contract manufacturers through its Global Components segment and provides enterprise computing solutions to value-added resellers (VARs) through its Global Enterprise Computing Solutions segment. The Company’s Global Enterprise Computing Solutions segment’s portfolio of computing solutions includes datacenter, cloud, security and analytics solutions. ARROW ELECTRONICS, INC. (NYSE:ARW) Recent Trading Information
ARROW ELECTRONICS, INC. (NYSE:ARW) closed its last trading session up +0.23 at 75.94 with 747,531 shares trading hands.