HYATT HOTELS CORPORATION (NYSE:H) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March22, 2017, Hyatt Hotels Corporation (the Company) filed a
Current Report on Form 8-K under Item5.02 disclosing that Paul D.
Ballew was appointed to the Board of Directors of the Company
(the Board), effective March23, 2017. At the time of that filing,
Mr.Ballews committee appointments had not yet been determined by
the Board. On May17, 2017, the Board appointed Mr.Ballew to the
Audit Committee of the Board, effective May17, 2017.
| Item5.07 |
Submission of Matters to a Vote of Security Holders. |
The Companys 2017 annual meeting of stockholders (the Annual
Meeting) was held on May17, 2017. A summary of the matters voted
on at the Annual Meeting by the Companys stockholders is set
forth below.
| 1. |
The Companys stockholders elected each of the following directors to serve until the Companys 2020 annual meeting of stockholders and until their respective successors have been duly elected and qualified by the following votes: |
|
NOMINEE |
FOR | WITHHELD | BROKERNON-VOTES | |||
| Thomas J. Pritzker | 928,127,992 | 637,410 | 4,453,557 | |||
| PamelaM.Nicholson | 928,475,879 | 289,523 | 4,453,557 | |||
| Richard C. Tuttle | 928,348,406 | 416,996 | 4,453,557 | |||
| James H. Wooten, Jr. | 928,477,707 | 287,695 | 4,453,557 |
| 2. |
The Companys stockholders ratified the appointment of Deloitte Touche LLP to serve as the Companys independent registered public accounting firm for fiscal year 2017 by the following votes: |
|
FOR |
AGAINST |
ABSTAIN |
BROKERNON-VOTES |
|||
| 932,996,346 | 117,126 | 105,487 |
| 3. |
The Companys stockholders approved, on an advisory basis, the compensation paid to the Companys named executive officers as disclosed to the Securities and Exchange Commissions compensation disclosure rules by the following votes: |
|
FOR |
AGAINST |
ABSTAIN |
BROKERNON-VOTES |
|||
| 928,525,683 | 139,897 | 99,822 | 4,453,557 |
| 4. |
The Companys stockholders determined, on an advisory basis, to hold an advisory vote on executive compensation every year by the following votes: |
|
EVERY YEAR |
EVERYTWOYEARS |
EVERYTHREEYEARS |
ABSTAIN |
BROKERNON-VOTES |
||||
| 927,840,307 | 8,415 | 817,643 | 99,037 | 4,453,557 |
The Companys Board of Directors has considered these results and
determined that the Company will hold a non-binding advisory vote
on executive compensation every year.
About HYATT HOTELS CORPORATION (NYSE:H)
Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties, consisting of full service hotels, select service hotels, resorts and other properties, including timeshare, fractional and other forms of residential and vacation properties. The Company operates through four segments: Owned and leased hotels; Americas management and franchising; Southeast Asia, China, Australia, South Korea and Japan (ASPAC) management and franchising, and Europe, Africa, the Middle East and Southwest Asia (EAME/SW Asia) management. The Company’s hotel portfolio consists of approximately 600 properties (over 159,340 rooms). The Company’s full service hotels and resorts operate under six brands: Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric and Hyatt. The Company’s two select service brands include Hyatt Place and Hyatt House. HYATT HOTELS CORPORATION (NYSE:H) Recent Trading Information
HYATT HOTELS CORPORATION (NYSE:H) closed its last trading session down -0.67 at 57.51 with 443,524 shares trading hands.
