CHESAPEAKE ENERGY CORPORATION (NYSE:CHK) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
The Company’s shareholders voted on five proposals at the Annual Meeting that are described in detail in the Company’s definitive proxy statement (as filed with the Securities and Exchange Commission on April 6, 2018). The final voting results are disclosed below.
|
1. |
Election of Directors. Shareholders elected each of the individuals listed below to serve as a director of the Company until the next annual meeting of shareholders and until his or her successors are duly elected and qualified, with each director nominee receiving a greater number of votes cast “for” his or her election than votes cast “against” his or her election. |
|
Director Nominee |
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
Gloria R. Boyland |
376,775,905 |
12,385,652 |
3,893,785 |
353,266,265 |
|
Luke R. Corbett |
322,129,918 |
67,513,770 |
3,411,654 |
353,266,265 |
|
Archie W. Dunham |
324,047,329 |
65,665,317 |
3,342,696 |
353,266,265 |
|
Leslie Starr Keating |
371,151,446 |
18,356,106 |
3,547,790 |
353,266,265 |
|
Robert D. ("Doug") Lawler |
378,039,284 |
11,665,140 |
3,350,918 |
353,266,265 |
|
R. Brad Martin |
375,586,224 |
13,859,707 |
3,609,411 |
353,266,265 |
|
Merrill A. ("Pete") Miller |
313,587,906 |
75,774,537 |
3,692,899 |
353,266,265 |
|
Thomas L. Ryan |
339,679,182 |
49,697,534 |
3,678,626 |
353,266,265 |
|
2. |
Advisory Vote to Approve Named Executive Officer Compensation. Shareholders did not approve the advisory resolution regarding the executive compensation of the Company’s named executive officers. |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
166,366,723 |
201,989,381 |
24,699,238 |
353,266,265 |
|
3. |
Ratification of Appointment of Independent Registered Public Accounting Firm. Shareholders approved the proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm, with the affirmative vote of a plurality of the votes cast, in person or by proxy. |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
702,582,760 |
35,544,331 |
8,194,516 |
|
4. |
Shareholder Proposal Relating to Lobbying Activities and Expenditures Report. No vote was reported for this proposal because the proposal was withdrawn by the shareholder proponent and its designee at the Annual Meeting. |
|
5. |
Shareholder Proposal Relating to 2 Degrees Celsius Scenario Assessment Report. No vote was reported for this proposal because the proposal was withdrawn by the shareholder proponent and its designee at the Annual Meeting. |
About CHESAPEAKE ENERGY CORPORATION (NYSE:CHK)
Chesapeake Energy Corporation (Chesapeake) is a producer of natural gas, oil and natural gas liquids (NGL) in the United States. The Company operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. The exploration and production segment is responsible for finding and producing oil, natural gas and NGL. The marketing, gathering and compression segment is responsible for marketing, gathering and compression of oil, natural gas and NGL. It has positions in resource plays of the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle, and the Niobrara Shale in the Powder River Basin in Wyoming. Its natural gas resource plays are the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania, and the Barnett Shale in the Fort Worth Basin of north-central Texas.
