CHICAGO BRIDGE & IRON COMPANY N.V. (NYSE:CBI) Files An 8-K Submission of Matters to a Vote of Security Holders

CHICAGO BRIDGE & IRON COMPANY N.V. (NYSE:CBI) Files An 8-K Submission of Matters to a Vote of Security Holders

Story continues below

Item 5.07

Submission of Matters to a Vote of Security Holders.
The following matters were voted upon and adopted at the 2017
Annual Meeting of Shareholders of Chicago Bridge Iron Company
N.V. (the Company) held on May 3, 2017:
1.
To elect one member of our Supervisory Board to serve
until the Annual Meeting of Shareholders in 2019. Our
Supervisory Board recommends the election of Forbes I.J.
Alexander to fill this position.
First Nominee
Second Nominee
Abstain
Broker Non-Votes
(1a)
Forbes I.J. Alexander
(1b)
Westley S. Stockton
53,524,436
1,409,436
1,153,605
28,364,926
2.
To elect three members of our Supervisory Board to serve
until the Annual Meeting of Shareholders in 2020. Our
Supervisory Board recommends the election of James R.
Bolch, Larry D. McVay, and Marsha C. Williams to fill
these positions.
First Nominee
Second Nominee
Abstain
Broker Non-Votes
(2a)
James R. Bolch
(2c)
Luciano Reyes
50,520,815
3,667,348
1,899,314
28,364,926
(2b)
Larry D. McVay
(2d)
Travis L. Stricker
53,480,266
1,358,409
1,248,802
28,364,926
(2c)
Marsha C. Williams
(2c)
John R. Albanese, Jr.
51,754,951
2,974,995
1,357,531
28,364,926
3.
To approve, by non-binding vote, the compensation of the
Company’s named executive officers.
For
41,896,660
Against
13,715,303
Abstain
475,514
Broker Non-Votes
28,364,926
4.
To authorize the preparation of our Dutch statutory
annual accounts and the annual report of our Management
Board in the English language, to discuss our annual
report of the Management Board for the year ended
December 31, 2016, and to adopt our Dutch statutory
annual accounts for the year ended December 31, 2016.
For
82,701,180
Against
1,101,733
Abstain
649,490
Broker Non-Votes
5.
To approve the final distribution to shareholders for the
year ended December 31, 2016, in an amount of $0.28 per
share, which has previously been paid to shareholders in
the form of interim distributions.
For
83,944,195
Against
274,349
Abstain
233,859
Broker Non-Votes
6.
To discharge the sole member of our Management Board from
liability in respect of the exercise of its duties during
the year ended December 31, 2016.
For
52,574,114
Against
2,923,385
Abstain
589,978
Broker Non-Votes
28,364,926
7.
To discharge the members of our Supervisory Board from
liability in respect of the exercise of their duties
during the year ended December 31, 2016.
For
52,634,893
Against
2,952,861
Abstain
499,723
Broker Non-Votes
28,364,926
8.
To appoint Ernst Young LLP as our independent registered
public accounting firm, who will audit our accounts for
the year ending December 31, 2017.
For
80,454,408
Against
3,359,766
Abstain
638,229
Broker Non-Votes
9.
To approve the extension of the authority of our
Management Board, acting with the approval of our
Supervisory Board, to repurchase up to 10% of our issued
share capital until November 3, 2018, on the open market,
through privately negotiated transactions or in one or
more self-tender offers for a price per share not less
than the nominal value of a share and not higher than
110% of the most recent available (as of the time of
repurchase) price of a share on any securities exchange
where our shares are traded.
For
82,012,200
Against
1,854,372
Abstain
585,831
Broker Non-Votes
10.
To approve the extension of the authority of our
Supervisory Board to issue shares and/or grant rights to
acquire our shares (including options to subscribe for
shares), never to exceed the number of authorized but
unissued shares, and to limit or exclude the preemptive
rights of shareholders with respect to the issuance of
shares and/or the grant of rights to acquire shares,
until May 3, 2022.
For
46,376,041
Against
37,570,932
Abstain
505,430
Broker Non-Votes


About CHICAGO BRIDGE & IRON COMPANY N.V. (NYSE:CBI)

Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. The Company provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services. Its Engineering and Construction segment provides engineering, procurement, and construction (EPC) services. Its Fabrication Services segment provides fabrication and erection of steel plate structures; fabrication of piping systems and process modules, and manufacturing and distribution of pipe and fittings. The Technology segment provides process technology licenses and associated engineering services, and catalysts, for petrochemical and refining industries, and offers process planning and project development services. Its Capital Services operating group provides environmental engineering and remediation, infrastructure EPC services and program management.

CHICAGO BRIDGE & IRON COMPANY N.V. (NYSE:CBI) Recent Trading Information

CHICAGO BRIDGE & IRON COMPANY N.V. (NYSE:CBI) closed its last trading session down -0.63 at 29.09 with 1,095,640 shares trading hands.

An ad to help with our costs