Northwest Bancshares, Inc. (NASDAQ:NWBI) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

Northwest Bancshares, Inc. (NASDAQ:NWBI) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 >Submission of Matters to a Vote of Security Holders

The Annual Meeting of Shareholders of Northwest Bancshares, Inc.
(the “Company”) was held on April 19, 2017. The Matters listed
below were submitted to a vote of he shareholders through the
solicitation of proxies, and the proposals are described in detail
in the Company’s Proxy Statement filed with the Securities and
Exchange Commission on March 7, 2017. The final results of the
shareholder votes are as follows:

Proposal 1 – Election of Directors



	For	Withheld	Broker Non-Votes
William J. Wagner	71,405,062	2,569,141	12,544,845

Sonia M. Probst	73,222,355	751,848	12,544,845

William F. McKnight	73,243,254	730,949	12,544,845

Proposal 2 – Ratification of Appointment of Independent Registered
Public Accounting Firm

The Shareholders approved the ratification of KPMG LLP as the
Company’s independent registered public accounting firm for the
year ending December 31, 2017.



For	85,876,762
Against	529,094
Abstain	113,192
Broker Non-Votes

Proposal 3 – An advisory, non-binding resolution to approve
executive compensation described in the Proxy Statement

The shareholders approved the proposal regarding the compensation
of the named executive officers as disclosed in the Proxy Statement
as follows:



For	70,653,476
Against	2,887,723
Abstain	433,004
Broker Non-Votes	12,544,845

Proposal 4 – An advisory, non-binding proposal with respect to the
frequency that shareholders will vote on executive compensation



1 Year	2 Years	3 Years	Abstain	Broker Non-Votes
55,168,197	251,551	18,180,100	374,355	12,544,845

In light of the voting results concerning the frequency with which
shareholders will be provided an advisory, non-binding vote on
executive compensation as delivered at the Annual Meeting, the
Companys Board of Directors intends that the Company will hold an
annual advisory, non-binding vote on its executive compensation.

Item 8.01 Other Events

On April 19, 2017, the Company made the slide presentation attached
as Exhibit 99.1 to shareholders during its Annual Shareholders
Meeting.

Item 9.01 >Financial Statements and Exhibits

(a) >Not applicable

(b) >Not applicable

(d) >Exhibits



Exhibit No.		Description

99.1		Slide presentation made to shareholders

About Northwest Bancshares, Inc. (NASDAQ:NWBI)
Northwest Bancshares, Inc. (Northwest) is a savings and loan holding company. The Company’s principal business consists of attracting deposits and making loans secured by various types of collateral, including real estate and other assets in the markets in which it operates. Its subsidiary, Northwest Bank, is a Pennsylvania-chartered stock savings bank. Northwest Bank is a community-oriented financial institution, offering personal and business banking solutions, investment management and trust services and insurance products. Through a subsidiary, Northwest Consumer Discount Company, it also offers consumer finance loans. Northwest Bank operates over 180 community-banking offices throughout its market. Northwest Bank also offers investment management and trust services and through its subsidiaries, actuarial and benefit plan administration services, as well as property and casualty and employer benefit plan insurance. Northwest Bancshares, Inc. (NASDAQ:NWBI) Recent Trading Information
Northwest Bancshares, Inc. (NASDAQ:NWBI) closed its last trading session up +0.27 at 16.92 with 427,776 shares trading hands.