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

ME Staff 8-k
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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.