Mastercard Incorporated (NYSE:MA) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 8.01 Submission of Matters to a Vote of Security Holders.
Mastercard Incorporated (“Mastercard”) held its Annual Meeting on June 26, 2018 (the “Annual Meeting”). Holders of Class A common stock at the close of business on April 27, 2018 (the “Record Date”) were entitled to vote at the Annual Meeting. A total of 927,594,071 shares of Class A common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The votes cast with respect to the matters voted upon at the Annual Meeting are set forth below:
1. The holders of Class A common stock elected the following individuals to serve on the Board as directors for a one-year term expiring on the date of Mastercard’s 2019 annual meeting of stockholders:
|
Director |
For |
Against |
Abstain |
Broker Non-Votes |
|
Richard Haythornthwaite |
848,493,484 |
11,675,469 |
1,946,362 |
65,478,756 |
|
Ajay Banga |
857,592,974 |
3,772,784 |
749,557 |
65,478,756 |
|
Silvio Barzi |
856,302,875 |
3,852,218 |
1,960,222 |
65,478,756 |
|
David R. Carlucci |
848,370,893 |
11,800,033 |
1,944,389 |
65,478,756 |
|
Richard K. Davis |
860,659,232 |
701,628 |
754,455 |
65,478,756 |
|
Steven J. Freiberg |
849,449,476 |
11,341,280 |
1,324,559 |
65,478,756 |
|
Julius Genachowski |
853,769,990 |
7,591,950 |
753,375 |
65,478,756 |
|
Choon Phong Goh |
817,406,789 |
43,955,701 |
752,825 |
65,478,756 |
|
Merit E. Janow |
858,232,718 |
3,131,564 |
751,033 |
65,478,756 |
|
Nancy J. Karch |
852,891,362 |
8,463,199 |
760,754 |
65,478,756 |
|
Oki Matsumoto |
770,402,261 |
90,396,030 |
1,317,024 |
65,478,756 |
|
Rima Qureshi |
860,298,640 |
497,895 |
1,318,780 |
65,478,756 |
|
José Octavio Reyes Lagunes |
855,129,537 |
6,236,393 |
749,385 |
65,478,756 |
|
Jackson P. Tai |
851,490,745 |
9,867,582 |
756,988 |
65,478,756 |
2. The holders of Class A common stock approved Mastercard’s executive compensation on an advisory basis:
|
For |
Against |
Abstain |
Broker Non-Votes |
|
815,208,676 |
44,803,740 |
2,102,899 |
65,478,756 |
3. The holders of Class A common stock ratified the appointment of PricewaterhouseCoopers LLP as Mastercard’s independent registered public accounting firm for 2018:
|
For |
Against |
Abstain |
Broker Non-Votes |
|
910,004,946 |
15,943,875 |
1,645,250 |
N/A |
Item 8.01 Other Events.
On June 26, 2018, at the Annual Meeting, Richard K. Davis was elected to serve on the Board as a new director. Following his election by the stockholders, the Board appointed Mr. Davis to its Human Resources and Compensation Committee.
About Mastercard Incorporated (NYSE:MA)
MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world. The Company operates through payment solutions segment. The Company allows user to make payments by a range of payment solutions and services using various brands, which include MasterCard, Maestro and Cirrus. Its offerings include loyalty and reward programs, information services and consulting. It provides a range of products and solutions that support payment products that customers can offer to their cardholders. The Company’s services facilitate transactions on the MasterCard Network among cardholders, merchants, financial institutions and governments. The Company’s programs include consumer credit, commercial, and debit and prepaid. The Company’s offerings and platforms include premium, travel, purchasing and fleet cards and programs.
