CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG) 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 |
At the Annual Meeting of Shareholders of Chemung Financial
Corporation (Nasdaq: CHMG), held May 11, 2017, shareholders voted
on three proposals. The proposals are described in detail in
Chemung Financial Corporations definitive proxy statement on
Schedule 14A filed with the Securities and Exchange Commission on
March 31, 2017. Anders M. Tomson, President and Chief Executive
Officer, made presentations at the Annual Meeting which included
slides containing financial and other information. A copy of
these slides is contained in Exhibit 99.1 which is attached
hereto and incorporated herein by reference.
Proposal 1: Election of Directors
|
Nominees |
Votes For |
Votes Withheld |
Broker Non-Votes |
| Bruce W. Boyea | 3,124,692 | 77,349 | 806,692 |
| Stephen M. Lounsberry III | 2,960,992 | 241,048 | 806,692 |
| Anders M. Tomson | 3,127,312 | 74,729 | 806,692 |
| G. Thomas Tranter Jr. | 2,962,843 | 239,198 | 806,692 |
| Larry H. Becker | 3,084,152 | 117,889 | 806,692 |
Messrs. Boyea, Lounsberry, Tomson, Tranter and Becker were
elected.
Proposal 2: Approval of the Companys Named Executive
Officers Compensation (Say-on-Pay)
| Say-on-Pay | |||
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 2,623,529 | 482,418 | 96,093 | 806,692 |
The Companys Named Executive Officers compensation was approved.
Proposal 3: Ratification of the Appointment of Crowe
Horwath LLP as the Companys Independent Registered Public
Accounting Firm for the Fiscal Year Ending December 31,
2017
| Votes For | Votes Against | Abstain | |
| 3,853,736 | 78,716 | 76,281 |
The appointment of Crowe Horwath LLP was ratified.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
(d)Exhibits
Exhibit No.
| 99.1 |
Copies of slides used in a presentation at the 2017 Annual Meeting of Shareholders of Chemung Financial Corporation at the Holiday Inn Riverview, 760 East Water Street, Elmira, New York at 2:00 p.m. on May 11, 2017. |
About CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG)
Chemung Financial Corporation is a bank holding company. The Company, through its subsidiaries, Chemung Canal Trust Company (the Bank) and CFS Group, Inc. (CFS), provides a range of banking, financing, fiduciary and other financial services to its clients. The Company manages its operations through two segments: core banking and Wealth Management Group (WMG). The core banking segment receives deposits from the general public and uses such funds to originate consumer, commercial, commercial real estate and residential mortgage loans, mainly in its local markets and to invest in securities. The WMG services segment provides trust and investment advisory services to clients. The Company’s financial services include demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services. CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG) Recent Trading Information
CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG) closed its last trading session up +0.09 at 37.95 with 1,070 shares trading hands.
