CORVEL CORPORATION (NASDAQ:CRVL) 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.
Corvel Corporation (the “Company”) held its 2017 annual meeting of stockholders on August3, 2017. The following proposals were approved according to the following final voting results:
| 1. | To elect the six directors named in the Proxy Statement, each to serve until the 2018 annual meeting of stockholders or until his or her successor has been duly elected and qualified: |
|
Director Candidate |
For | Withheld |
|
V. Gordon Clemons |
16,060,068 | 1,051,519 |
|
Steven J. Hamerslag |
16,059,660 | 1,051,927 |
|
Alan R. Hoops |
16,299,490 | 812,097 |
|
R. Judd Jessup |
16,080,310 | 1,031,277 |
|
Jean H. Macino |
16,323,109 | 788,478 |
|
Jeffrey J. Michael |
14,454,071 | 2,657,516 |
|
Broker Non-Votes |
1,107,434 |
| 2. | To approve on an advisory basis the compensation of the Company’s named executive officers as disclosed in the Proxy Statement: |
|
For |
17,071,191 |
|
Against |
22,243 |
|
Abstain |
18,153 |
|
Broker Non-Votes |
1,107,434 |
| 3. | To approve on an advisory basis the frequency of future stockholder advisory votes to approve the compensation of the Company’s named executive officers: |
|
One Year |
5,211,746 |
|
Two Years |
21,074 |
|
Three Years |
11,876,301 |
|
Abstain |
2,466 |
|
Broker Non-Votes |
1,107,434 |
| 4. | To ratify the appointment of Haskell& White LLP as the Company’s independent registered public accounting firm for the fiscal year ending March31, 2018: |
|
For |
18,165,324 |
|
Against |
52,178 |
|
Abstain |
1,519 |
|
Broker Non-Votes |
In light of the advisory voting results with respect to the frequency of future stockholder advisory votes on named executive officer compensation, the Company’s Board of Directors has decided that the Company will hold an advisory vote on the compensation of named executive officers every three years until the next required advisory vote on the frequency of future stockholder advisory votes on the compensation of named executive officers. The Company is required to hold advisory votes on frequency every six years.
About CORVEL CORPORATION (NASDAQ:CRVL)
CorVel Corporation (Corvel) is a provider of workers’ compensation solutions for employers, third party administrators, insurance companies and government agencies. The Company offers its services as a bundled solution, which includes claims management, as a standalone service, or as add-on services to existing customers. The Company offers its services as a bundled solution, which includes claims management, as a standalone service, or as add-on services to existing customers. The Company’s network solutions include bill review, preferred provider organization (PPO) management, professional review, provider reimbursement, pharmacy services, directed care services, medicare solutions and clearinghouse services. The Company’s patient management services include claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, life care planning, disability management, liability claims management and auto claims management.
