ECOLAB INC. (NYSE:ECL) Files An 8-K Submission of Matters to a Vote of Security Holders
ME Staff 8-k
ECOLAB INC. (NYSE:ECL) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
As previously reported in the Original Form 8-K, in a non-binding advisory vote on the frequency of future stockholder advisory votes on executive compensation held at the 2017 Annual Meeting, stockholders indicated a preference for an annual advisory vote on executive compensation as follows:
OneYear
TwoYears
ThreeYears
Abstain
BrokerNon-Votes
220,022,767
464,126
18,024,865
379,814
21,500,549
In light of these results and consistent with the previous recommendation and determination of the Company’s board of directors, the Company will continue to hold a non-binding advisory vote on executive compensation on an annual basis until the next required vote on the frequency of stockholder votes on executive compensation, or until the board of directors otherwise determines that a different frequency for such votes is in the best interests of the Company.
About ECOLAB INC. (NYSE:ECL) Ecolab Inc. provides water, hygiene and energy technologies and services. The Company’s segments include Global Industrial, Global Institutional, Global Energy, Other and Corporate. The Global Industrial segment consists of the Water, Food and Beverage, Paper and Textile Care operating units. The Global Institutional segment consists of the Institutional, Specialty and Healthcare operating units. The Global Energy segment provides on-site and technology-driven solutions to the global drilling, oil and gas production, refining and petrochemical industries. The Other segment consists of the pest elimination and equipment care operating units. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in approximately 170 countries.