CALIFORNIA WATER SERVICE GROUP (NYSE:CWT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07. Submission of Matters to a Vote of Security Holders
California Water Service Group (the Company) held its Annual
Meeting of Stockholders on May24, 2017 (the Annual Meeting).
Stockholders acted on items of business at the Annual Meeting.
The voting results are as follows:
1. The following nominees for Director were elected to serve
until the 2018 Annual Meeting of Stockholders based upon the
following votes:
Nominee |
|
VotesFor |
|
VotesAgainst |
|
Abstentions |
|
BrokerNon-Votes |
|
Gregory E. Aliff |
34,836,989 |
339,078 |
180,646 |
7,950,814 |
|||||
Terry P. Bayer |
34,824,086 |
374,275 |
158,352 |
7,950,814 |
|||||
Edwin A. Guiles |
34,798,981 |
380,232 |
177,500 |
7,950,814 |
|||||
Martin A. Kropelnicki |
34,783,584 |
406,126 |
167,003 |
7,950,814 |
|||||
Thomas M. Krummel, M.D. |
34,755,424 |
422,996 |
178,293 |
7,950,814 |
|||||
Richard P. Magnuson |
34,363,174 |
829,069 |
164,470 |
7,950,814 |
|||||
Peter C. Nelson |
34,439,586 |
733,924 |
183,203 |
7,950,814 |
|||||
Lester A. Snow |
34,811,917 |
377,774 |
167,022 |
7,950,814 |
|||||
George A. Vera |
34,446,570 |
741,601 |
168,542 |
7,950,814 |
2. The proposal for an advisory vote on the compensation paid to
the Companys named executive officers was approved as follows:
VotesFor |
|
VotesAgainst |
|
Abstentions |
|
BrokerNon-Votes |
|
32,998,219 |
2,048,579 |
309,915 |
7,950,814 |
3. The proposal for an advisory vote on the preferred frequency
of future advisory votes on the compensation paid to the Companys
named executive officers was voted on as follows:
1Year |
|
2Years |
|
3Years |
|
Abstentions |
|
BrokerNon-Votes |
|
26,512,276 |
327,707 |
8,306,246 |
210,484 |
7,950,814 |
In light of these voting results, the Company plans to hold
future advisory votes on the compensation paid to the Companys
named executive officers annually until the next required vote on
the frequency of such advisory votes, or until the Board of
Directors of the Company otherwise determines that a different
frequency is in the best interests of the Company and its
stockholders.
4. The appointment of Deloitte Touche LLP as the independent
registered public accounting firm of the Company for 2017 was
ratified as follows:
VotesFor |
|
VotesAgainst |
|
Abstentions |
|
42,562,876 |
544,820 |
199,831 |
About CALIFORNIA WATER SERVICE GROUP (NYSE:CWT)
California Water Service Group is a holding company that provides water utility and other related services in California, Washington, New Mexico and Hawaii through its subsidiaries. It operates through supply and distribution of water, and providing water-related utility services segment. Its business comprises the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. It provides non-regulated water-related services under agreements with municipalities and other private companies. The non-regulated services include water system operation, billing and meter reading services. Non-regulated operations also include the lease of communication antenna sites and lab services. Its subsidiaries include California Water Service Company, New Mexico Water Service Company, Washington Water Service Company, Hawaii Water Service Company, Inc., CWS Utility Services and HWS Utility Services LLC. CALIFORNIA WATER SERVICE GROUP (NYSE:CWT) Recent Trading Information
CALIFORNIA WATER SERVICE GROUP (NYSE:CWT) closed its last trading session up +0.55 at 34.85 with 159,129 shares trading hands.