DELTA AIR LINES, INC. (NYSE:DAL) 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.
At the Annual Meeting of Stockholders of Delta Air Lines, Inc.
(the Company) held on June 30, 2017, four proposals were voted
upon by the Companys stockholders. The proposals are described in
detail in the Companys definitive proxy statement for the Annual
Meeting filed on April 28, 2017.
A brief description of the proposals and the final results of the
votes for each matter follows:
| 1. |
The stockholders elected all eleven director nominees to serve as members of the Companys Board of Directors until the Companys 2018 Annual Meeting of Stockholders: |
|
Nominee |
For | Against | Abstain |
Broker Non-Votes |
| Edward H. Bastian | 558,143,545 | 1,014,720 | 456,726 | 81,303,068 |
| Francis S. Blake | 555,924,738 | 3,216,956 | 473,297 | 81,303,068 |
| Daniel A. Carp | 556,014,866 | 3,114,639 | 485,486 | 81,303,068 |
| David G. DeWalt | 558,356,675 | 762,617 | 495,699 | 81,303,068 |
| William H. Easter III | 552,604,856 | 6,493,118 | 517,017 | 81,303,068 |
| Mickey P. Foret | 558,102,255 | 1,028,365 | 484,371 | 81,303,068 |
| Jeanne P. Jackson | 548,529,309 | 10,524,728 | 560,954 | 81,303,068 |
| George N. Mattson | 556,438,136 | 2,658,346 | 518,509 | 81,303,068 |
| Douglas R. Ralph | 558,144,666 | 981,754 | 488,571 | 81,303,068 |
| Sergio A. L. Rial | 556,266,395 | 2,842,486 | 506,110 | 81,303,068 |
| Kathy N. Waller | 547,333,139 | 11,726,582 | 555,270 | 81,303,068 |
| 2. |
The stockholders approved the advisory vote on executive compensation: |
|
For |
Against |
Abstain |
Broker Non-Votes |
| 544,232,425 | 14,398,443 | 984,123 | 81,303,068 |
| 3. |
The stockholders recommended that the frequency of future advisory votes on executive compensation be every year: |
|
1 Year |
2 Years | 3 Years |
Abstain |
Broker Non-Votes |
| 509,297,283 | 651,999 | 49,039,513 | 626,196 | 81,303,068 |
In accordance with the voting results on this advisory proposal
and its previous recommendation, the Board of Directors has
determined that the Company will hold an advisory vote on
executive compensation every year.
| 4. |
The stockholders ratified the appointment of Ernst Young LLP as the Companys independent auditors for 2017: |
|
For |
Against |
Abstain |
Broker Non-Votes |
| 631,387,534 | 8,413,620 | 1,116,905 | Not Applicable |
About DELTA AIR LINES, INC. (NYSE:DAL)
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company’s operates through segments, including Airline Segment and Refinery Segment. The Airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and other ancillary airline services. The Refinery Segment produces gasoline, diesel and jet fuel. Its wholly owned subsidiaries, Monroe Energy, LLC and MIPC, LLC operate the Trainer refinery and related assets located near Philadelphia, Pennsylvania. The Company also offers cargo services, aircraft maintenance, repair and overhaul (MRO), staffing services for third parties, vacation wholesale operations and private jet operations.
