ODYSSEY MARINE EXPLORATION, INC. (NASDAQ:OMEX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02
| Appointment of Principal Officers |
On June6, 2017, Odyssey Marine Exploration Inc. appointed Jay A.
Nudi as its Chief Financial Officer. Mr.Nudi was named Interim
Chief Financial Officer on June8, 2016, as part of the companys
restructuring. Over the past year, he has assumed the additional
duties of Chief Financial Officer with a smooth and successful
transition of responsibilities.
Mr.Nudi has served as Odysseys Principal Accounting Officer since
January 2006 and Treasurer since June 2010. Mr.Nudi is a
certified public accountant, joined Odyssey in May 2005 as
Corporate Controller, and has over 30 years of accounting and
management experience. Mr.Nudi received a B.S. degree in
Accounting from Pennsylvania State University in 1985.
| Item5.07 |
Submission of Matters to a Vote of Security Holders. |
General
Odyssey Marine Exploration, Inc. (Odyssey) held an annual meeting
of stockholders on June6, 2017, for the purpose of considering
and acting upon the following matters:
|
to elect six directors of the Corporation to serve until the next Annual Meeting of Stockholders and until their successors have been duly elected and qualified (the Election Proposal); |
|
to hold a non-binding advisory vote to approve named executive officer compensation (the Compensation Proposal); |
|
to hold a non-binding advisory vote to determine the frequency of future advisory votes on executive compensation (the Frequency Proposal); |
|
to ratify the appointment of Ferlita, Walsh, Gonzalez Rodriguez, P.A. as our independent registered public accounting firm (the Ratification Proposal); and |
|
to transact such other business as may properly come before the meeting or at any adjournment or adjournments thereof. |
No other business came before the meeting.
Voting Results
Election Proposal
With respect to the Election Proposal, the six individuals named
below were elected to serve as directors in accordance with the
following vote:
|
Nominee |
For | Withheld | ||||||
|
John C. Abbott |
3,323,401 | 209,559 | ||||||
|
Mark D. Gordon |
3,409,057 | 123,903 | ||||||
|
Mark B. Justh |
3,482,445 | 50,515 | ||||||
|
James S. Pignatelli |
3,481,651 | 51,309 | ||||||
|
Jon D. Sawyer |
3,448,713 | 84,247 | ||||||
|
Gregory P. Stemm |
3,372,906 | 160,054 |
Compensation Proposal
With respect to the Compensation Proposal, the results of the
vote were as follows:
|
For |
Against |
Abstain |
||
| 3,376,599 | 148,021 | 8,340 |
Frequency Proposal
With respect to the Frequency Proposal, the results of the vote
were as follows:
|
Year |
Votes | |||
|
Oneyear |
3,021,918 | |||
|
Twoyears |
56,951 | |||
|
Threeyears |
172,623 | |||
|
Abstain |
281,468 |
Ratification Proposal
With respect to the Ratification Proposal, the results of the
vote were as follows:
|
For |
Against |
Abstain |
||
| 6,410,717 | 152,969 | 26,138 |
Broker Non-Votes
There were 3,056,864 broker non-votes with respect to the
Election Proposal, the Compensation Proposal, and the Frequency
Proposal. Broker non-votes were not relevant to the Ratification
Proposal.
About ODYSSEY MARINE EXPLORATION, INC. (NASDAQ:OMEX)
Odyssey Marine Exploration, Inc. (Odyssey) is a deep-ocean exploration company. The Company’s techniques are applied to mineral exploration, shipwreck cargo recovery, and other marine survey and exploration charter services. The Company is engaged in discovering shipwreck sites in the deep ocean and conducting archaeological excavations with remotely operated vehicles (ROVs). Its shipwreck discoveries include the SS Republic, HMS Victory, Black Swan, La Marquise de Tourny and other unidentified shipwrecks. The Company offers exploration services, including geophysical and geotechnical assessments of seabed mineral deposits to companies, including its subsidiaries and companies, in which it holds an equity position, as a resource development partner. The Company evaluates or explores various types of seabed mineral deposits, such as phosphorites, polymetallic nodules and seafloor massive sulfides. Odyssey offers its marine exploration services to third-party companies.