DSW Inc. (NYSE:DSW) Files An 8-K Submission of Matters to a Vote of Security HoldersITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
Annual Meeting of Shareholders
On May 16, 2018, DSW Inc. (the “Company”) held its Annual Meeting of Shareholders in Columbus, Ohio to consider and vote on the matters listed below. A total of 67,226,677 shares of the Company’s common stock were present or represented by proxy at the meeting. This represented approximately 84% of the Company’s 79,725,283 shares of common stock that were outstanding and entitled to vote at the meeting. As of the record date for the Annual Meeting, there were 71,992,497 ClassA shares outstanding and entitled to vote (one vote per share) and 7,732,786 ClassB shares outstanding and entitled to vote (eight votes per share). Set forth below are the final voting results for each of the proposals submitted to a vote of the shareholders.
Election of Directors
The shareholders of the Company elected Ms. Zaiac and Messrs. Cobb, Rawlins, and Jay Schottenstein as ClassII directors with terms expiring in 2021. The voting results were as follows:
|
Name of Nominee |
Votes For |
Votes Withheld |
|
Peter S. Cobb |
121,066,335 |
201,420 |
|
Roger L. Rawlins |
120,864,950 |
402,805 |
|
Jay L. Schottenstein |
119,137,937 |
2,129,818 |
|
Joanne Zaiac |
120,854,210 |
413,545 |
There were no broker non-votes for each director on this proposal.
Advisory Vote on the Compensation Paid to Named Executive Officers
|
Votes For |
Votes Against |
Abstentions |
|
119,315,708 |
1,894,981 |
57,066 |
There were no broker non-votes on this proposal.
About DSW Inc. (NYSE:DSW)
DSW Inc. is a footwear retailer. The Company offers assortment of shoes, handbags and accessories for women, men and children. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. The DSW segment includes DSW stores and dsw.com. The Company, through its ABG segment, partners with approximately three other retailers to help build and optimize their footwear businesses. The Company operates over 470 DSW stores, dsw.com and shoe departments in approximately 280 Stein Mart stores and Steinmart.com, over 100 Gordmans stores and Gordmans.com, and approximately one Frugal Fannie’s store. Its DSW stores average approximately 21,000 square feet and carry over 21,500 pairs of shoes. In addition, it offers DSW Rewards program, through which members earn points towards certificates every time they purchase.
