NACCO INDUSTRIES, INC. (NYSE:NC) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
NACCO Industries, Inc. ("NACCO") held its Annual Meeting of Stockholders on May 16, 2018. Reference is made to the Company's 2018 Proxy Statement filed with the Securities Exchange Commission on March 26, 2018 for more information regarding the Proposals set for below and the vote required for approval of these matters. The matters voted upon and the final results of the vote were as follows:
Proposal 1 – The stockholders elected each of the following eleven nominees to the Board of Directors until the next annual meeting and until their successors are elected:
|
DIRECTOR |
VOTE FOR |
VOTE WITHHELD |
BROKER NON-VOTES |
|
J.C. Butler, Jr. |
19,882,753 |
163,828 |
375,764 |
|
John S. Dalrymple, III |
19,885,914 |
160,667 |
375,764 |
|
John P. Jumper |
19,745,384 |
301,197 |
375,764 |
|
Dennis W. LaBarre |
19,869,712 |
176,869 |
375,764 |
|
Timothy K. Light |
19,913,103 |
133,478 |
375,764 |
|
Michael S. Miller |
19,878,239 |
168,342 |
375,764 |
|
Richard de J. Osborne |
19,869,413 |
177,168 |
375,764 |
|
Alfred M. Rankin, Jr. |
19,677,582 |
368,999 |
375,764 |
|
Matthew M. Rankin |
19,780,702 |
265,879 |
375,764 |
|
Britton T. Taplin |
18,654,887 |
1,391,694 |
375,764 |
|
David B. H. Williams |
19,820,831 |
225,750 |
375,764 |
Proposal 2 – The stockholders approved the advisory vote to approve the Company's Named Executive Officer Compensation:
|
For |
19,948,682 |
|
Against |
92,362 |
|
Abstain |
5,537 |
|
Broker Non-Votes |
375,764 |
Proposal 3 – The stockholders ratified the appointment of Ernst & Young LLP as the Independent Registered Public Accounting Firm of NACCO for 2018:
|
For |
20,397,488 |
|
Against |
15,712 |
|
Abstain |
4,945 |
About NACCO INDUSTRIES, INC. (NYSE:NC)
NACCO Industries, Inc. is a holding company with principal businesses, including mining, small appliances and specialty retail. The Company operates through three segments: NACoal, HBB and KC. Its subsidiaries include The North American Coal Corporation (NACoal), Hamilton Beach Brands, Inc. (HBB) and Kitchen Collection (KC). Its NACoal segment mines coal for use in power generation and provides mining services for other natural resources companies. NACoal’s mining operations include Mississippi Lignite Mining Company and Centennial Natural Resources. Its HBB segment designs, markets and distributes a range of small electric household and specialty housewares appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters and toaster ovens. Its KC is a national specialty retailer of kitchenware and gourmet foods operating under the Kitchen Collection and Le Gourmet Chef store names in outlets and malls.