Cooper Tire & Rubber Company (NYSE:CTB) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07(d) of Form 8-K, the Company’s decision as to how frequently the Company will conduct future shareholder advisory votes regarding named executive officer compensation. Except as set forth herein, no other modifications have been made to the Original 8-K.
Item 5.07Submission of Matters to a Vote of Security Holders
In light of the voting results at the Annual Meeting on the proposal concerning the frequency of advisory votes on the Company’s named executive officer compensation, the Company’s Board of Directors (the “Board”) determined on August 2, 2017 that the Company will continue to hold an annual advisory vote on the Company's named executive officer compensation. The Company's Board will re-evaluate this determination no later than after the next required vote on the frequency of stockholder votes on the compensation of the Company’s named executive officers.
The information reported under Item 5.07 of the Original 8-K is hereby incorporated by reference.
About Cooper Tire & Rubber Company (NYSE:CTB)
Cooper Tire & Rubber Company (Cooper) is a manufacturer and marketer of replacement tires. The Company specializes in the design, manufacture, marketing and sales of passenger car and light truck tires. Cooper and its subsidiaries sell medium truck, motorcycle and racing tires. It has four business segments: North America, composed of its operations in the United States and Canada; Latin America, composed of its operations in Mexico, Central America and South America; Europe, and Asia. The North America and Latin America segments are presented as the Americas Tire Operations segment. The results of the combined Asia and Europe segments are presented as International Tire Operations segment. Cooper and its family of companies operate approximately eight manufacturing facilities and over 20 distribution centers in over 10 countries. Its Americas Tire Operations segment manufactures and markets passenger car and light truck tires, for sale in the United States replacement market.