General Cable Corporation (NYSE:BGC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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General Cable Corporation (NYSE:BGC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02.

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On May 18, 2017, at the General Cable Corporation (the Company)
2017 Annual Meeting of Stockholders, stockholders approved the
General Cable Corporation Stock Incentive Plan (the Amended
Plan). The Amended Plan is an amendment and restatement of the
General Cable Corporation 2005 Stock Incentive Plan. A summary of
the material terms of the Amended Plan is incorporated herein by
reference from pages 56-70 of the Companys proxy statement for
the 2017 Annual Meeting of Stockholders, as filed with the SEC on
April 3, 2017 (the 2017 Proxy Statement). The summary of the
Amended Plan included in the 2017 Proxy Statement is not intended
to be complete and is qualified in its entirety by reference to
the Amended Plan, which is attached as Exhibit 99.1 to this
current report and is incorporated by reference herein.
Item 5.07.
Submission of Matters to a Vote of Security Holders.
On May 18, 2017, the Company held its 2017 Annual Meeting of
Stockholders. At the Annual Meeting, stockholders voted on and
approved five proposals, each of which is described in more
detail in the 2017 Proxy Statement. The final results of the
stockholder vote were as follows:
Proposal 1 – Election of directors:
For
Against
Abstain
Broker Non-Votes
Sallie B. Bailey
41,226,491
1,232,310
61,433
3,981,462
Edward C. Hall, III
41,281,511
1,176,357
62,366
3,981,462
Gregory E. Lawton
39,555,542
2,901,627
63,065
3,981,462
Michael T. McDonnell
41,850,447
627,464
42,323
3,981,462
Craig P. Omtvedt
39,689,110
2,768,265
62,859
3,981,462
Patrick M. Prevost
41,317,382
1,160,793
42,059
3,981,462
John E. Welsh, III
39,594,798
2,864,069
61,367
3,981,462
Proposal 2 – Ratification of the appointment of Deloitte Touche
LLP as the Companys independent registered public accounting firm
for fiscal 2017:
For
Against
Abstain
Broker Non-Votes
43,756,410
2,722,708
22,578
Proposal 3 – Advisory approval of the compensation of the
Companys named executive officers:
For
Against
Abstain
Broker Non-Votes
41,211,126
1,213,648
95,460
3,981,462
Proposal 4 – Advisory approval of the vote frequency on the
compensation of the Companys named executive officers:
1 Year
2 Years
3 Years
Abstain
36,317,138
75,701
5,513,668
613,727
Proposal 5 – Approval of the General Cable Stock Incentive Plan:
For
Against
Abstain
Broker Non-Votes
38,744,563
3,719,605
56,066
3,981,462
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits
Exhibit No.
Description
99.1
General Cable Corporation Stock Incentive Plan


About General Cable Corporation (NYSE:BGC)

General Cable Corporation is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company operates through four segments: North America, Europe, Latin America, and Africa/Asia Pacific. The Company additionally engages in the design, integration and installation on a turnkey basis for products, such as high and extra-high voltage terrestrial and submarine systems. The Company offers products in categories, including as electric utility, electrical infrastructure, communications, construction and rod mill. The Company offers products to the markets, including power generating stations; industrial applications; military; infrastructure; automotive aftermarket; industrial power and control; medical; telecom local loop; enterprise networking and multimedia applications, and industrial instrumentation control.

General Cable Corporation (NYSE:BGC) Recent Trading Information

General Cable Corporation (NYSE:BGC) closed its last trading session up +0.35 at 15.80 with 362,990 shares trading hands.