CSG SYSTEMS INTERNATIONAL, INC. (NASDAQ:CSGS) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07, to report the results of its Annual Meeting of Stockholders held on May 18, 2017 (the “Annual Meeting”).CSG is filing this amendment to that Form 8-K to disclose the Board of Directors’ decision regarding the frequency of future non-binding stockholder advisory votes on the compensation of named executive officers (“NEOs”).
Item 5.07.Submission of Matters to a Vote of Security Holders.
On May 18, 2017, at the Annual meeting, CSG’s stockholders voted on a non-binding basis, to hold annual advisory votes regarding the compensation of CSG’s NEOs.As a result of the stockholder advisory vote, CSG’s Board of Directors determined, at its meeting on August 17, 2017, that CSG will hold future non-binding advisory votes on the compensation of its NEOs on an annual basis.The next required non-binding stockholder advisory vote regarding the frequency interval is six years (2023), although an earlier vote regarding the frequency interval may be held at the Board of Directors’ discretion.
About CSG SYSTEMS INTERNATIONAL, INC. (NASDAQ:CSGS)
CSG Systems International, Inc. is a provider of business support solutions primarily serving the communications industry. The Company’s solutions coordinate and manage various aspects of service providers’ customer interactions, from the activation of customer accounts, to the support of various service activities, and through the presentment, collection and accounts receivables management of monthly customer statements. Its product solutions include cable and satellite care and billing, convergent rating and billing, mediation and data management, wholesale settlement and routing, customer interaction management, business intelligence, and content management and monetization. Its billing and customer care platform, Advanced Convergent Platform, is the system for cable and satellite providers in North America. Its customer interaction management solutions help delivers a personal and relevant involvement across all customer touch points, such as Web or other communications methods.
