Casella Waste Systems, Inc. (NASDAQ:CWST) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
Submission of Matters to a Vote of Security Holders.
At the 2018 Annual Meeting of Stockholders of Casella Waste Systems, Inc. (the “Company”) held on June 1, 2018 (the “Annual Meeting”), the Company’s stockholders voted on the following matters, which are described in detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 17, 2018: (i) to elect three Class III directors, each to serve a term expiring at the 2021 Annual Meeting of Stockholders (“Proposal 1”); (ii) to approve, in an advisory “say-on-pay” vote, the compensation of the Company’s named executive officers (“Proposal 2”); and (iii) to ratify the appointment of RSM US LLP as the Company’s independent auditors for the fiscal year ending December 31, 2018 (“Proposal 3”). At the Annual Meeting, the stockholders of the Company re-elected the nominees of the Company's Board of Directors (the “Board”), John W. Casella, William P. Hulligan and James E. O’Connor, as ClassIII directors, and approved Proposal 2 and Proposal 3. At the Annual Meeting, the holders of shares of the Company’s Class A common stock and Class B common stock representing 48,896,227 votes were represented in person or by proxy, constituting a quorum.
Set forth below are the final voting totals for the proposals acted upon at the Annual Meeting:
|
Proposal1: |
The following nominees were elected to the Board as Class III directors, each to serve for a term expiring at the 2021 Annual Meeting of Stockholders. |
|
Nominee |
VotesFor |
VotesWithheld |
Broker Non-Votes |
|
John W. Casella |
42,891,821 |
576,836 |
5,427,570 |
|
William P. Hulligan |
43,410,351 |
58,306 |
5,427,570 |
|
James E. O’Connor |
43,409,622 |
59,035 |
5,427,570 |
The terms of the following directors continued after the Annual Meeting: Michael K. Burke, James F. Callahan, Jr., Douglas R. Casella, Joseph G. Doody, Emily Nagle Green and Gregory B. Peters.
|
Proposal2: |
An advisory “say-on-pay” vote on the compensation of the Company’s named executive officers was approved. |
|
Votes For |
Votes Against |
Votes Abstaining |
Broker Non-Votes |
|
42,894,040 |
554,933 |
19,684 |
5,427,570 |
|
Proposal3: |
The appointment of RSM US LLP, an independent registered public accounting firm, as the Company’s independent auditors for the fiscal year ending December 31, 2018 was ratified. |
|
Votes For |
Votes Against |
Votes Abstaining |
|
48,375,306 |
514,350 |
6,571 |
About Casella Waste Systems, Inc. (NASDAQ:CWST)
Casella Waste Systems, Inc. is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, in the areas of solid waste collection and disposal, transfer, recycling and organics services. Its segments include its two regional segments, Eastern and Western regions, which provide a range of solid waste services; Recycling, which offers recycling operations and its commodity brokerage operations, and Other, including organic services, ancillary operations and industrial services. It provides integrated solid waste services in over six states: Vermont, New Hampshire, New York, Massachusetts, Maine and Pennsylvania. It owns or operates over 30 solid waste collection operations, over 40 transfer stations, approximately 20 recycling facilities, approximately 10 Subtitle D landfills, over four landfill gas-to-energy facilities and a landfill permitted to accept construction and demolition (C&D) materials.