Cabot Microelectronics Corporation (NASDAQ:CCMP) Files An 8-K Submission of Matters to a Vote of Security Holders

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Cabot Microelectronics Corporation (NASDAQ:CCMP) 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.
(d) Frequency of Stockholder Votes on Executive Compensation. As reported in the Original Report, at the 2017 Annual Meeting, in accordance with the recommendation of the Board of Directors, the Company’s stockholders recommended, by advisory vote, a one-year frequency of future advisory votes on executive compensation. In accordance with these results and its previous recommendation, the Board of Directors determined that future advisory votes on named executive officer compensation will be held annually until the next required advisory vote on the frequency of stockholder votes on the compensation of named executive officers, which the Company expects to hold no later than at its 2023 Annual Meeting of Stockholders.


About Cabot Microelectronics Corporation (NASDAQ:CCMP)

Cabot Microelectronics Corporation supplies polishing slurries and pads used in the manufacture of integrated circuit (IC) devices within the semiconductor industry, in a process called chemical mechanical planarization (CMP). The Company is engaged in the development, manufacture and sale of CMP consumables. The Company develops, produces and sells CMP slurries for polishing conducting and insulating materials used in IC devices, and also for polishing the disk substrates and magnetic heads used in hard disk drives. It also develops, manufactures and sells CMP polishing pads, which are used in conjunction with slurries in the CMP process. The Company also pursues other surface modification applications through its engineered surface finishes (ESF) business. The Company offers CMP polishing pads, under the Epic and NexPlanar brand names, for a range of applications and technology nodes.

Cabot Microelectronics Corporation (NASDAQ:CCMP) Recent Trading Information

Cabot Microelectronics Corporation (NASDAQ:CCMP) closed its last trading session down -0.64 at 75.71 with 123,285 shares trading hands.