Park Hotels & Resorts Inc. (NYSE:PK) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
On July 28, 2017, the Company held its 2017 annual meeting of stockholders (the “Annual Meeting”). Stockholders voted as follows on the proposals presented for a vote, each such proposal which is described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission on June 14, 2017.
Proposal 1.Election of Directors
The Company’s stockholders elected the eleven persons listed below to serve as directors until the 2018 annual meeting of stockholders and until their successors have been duly elected and qualify, based upon the following votes:
|
For |
Against |
Withheld |
Broker Non-Votes |
|
|
Thomas J. Baltimore, Jr. |
188,239,509 |
9,741,979 |
7,544,586 |
|
|
Gordon M. Bethune |
197,034,178 |
947,310 |
7,544,586 |
|
|
Patricia M. Bedient |
197,059,582 |
921,906 |
7,544,586 |
|
|
Geoffrey Garrett |
196,735,774 |
1,245,714 |
7,544,586 |
|
|
Robert G. Harper |
194,797,406 |
3,184,082 |
7,544,586 |
|
|
Tyler S. Henritze |
194,796,021 |
3,185,467 |
7,544,586 |
|
|
Christie B. Kelly |
195,535,220 |
2,446,268 |
7,544,586 |
|
|
Sen. Joseph I. Lieberman |
196,706,516 |
1,274,972 |
7,544,586 |
|
|
Xianyi Mu |
194,793,496 |
3,187,992 |
7,544,586 |
|
|
Timothy J. Naughton |
187,359,166 |
10,622,322 |
7,544,586 |
|
|
Stephen I. Sadove |
196,408,068 |
1,573,420 |
7,544,586 |
Proposal 2. Advisory Vote to Approve Compensation of Named Executive Officers
The Company’s stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers based upon the following votes:
|
For |
Against |
Abstain |
Broker Non-Votes |
|
194,683,275 |
3,144,402 |
153,811 |
7,544,586 |
Proposal 3.Advisory Vote to Determine Frequency of Future Advisory Votes Approving Compensation of Named Executive Officers
The Company’s stockholders approved, on an advisory (non-binding) basis, the holding of a non-binding stockholder vote to approve the compensation paid to the Company’s name executive officers every year based upon the following votes:
|
1 Year |
2 Years |
3 Years |
Abstain |
Broker Non-Votes |
|
190,067,690 |
31,532 |
7,782,051 |
100,215 |
— |
Proposal 4.Ratification of the Appointment of Ernst & Young LLP
The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017 based upon the following votes:
|
For |
Against |
Abstain |
Broker Non-Votes |
|
205,309,692 |
115,155 |
101,227 |
— |
About Park Hotels & Resorts Inc. (NYSE:PK)
Park Hotels & Resorts Inc., formerly Hilton Worldwide, Inc., is lodging real estate company. The Company has a portfolio of hotels and resorts. The Company operates through ownership segment. The Company’s portfolio consists of approximately 70 hotels and resorts with approximately 36,000 rooms located in the United States and international markets. The Company’s brand affiliations include Conrad Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Hotels & Resorts, Hilaton Garden Inn, Curio – A Collection by Hilton, and Waldorf Astoria Hotels & Resorts. The Company’s hotels include Pointe Hilton Squaw Peak Resort, Hilton San Francisco Union Square, Capital Hilton, Hilton Orlando Bonnet Creek, Hilton Atlanta Airport, Hilton Hawaiian Village Beach Resort, Hilton Chicago, Hilton Blackpool, Hilton Belfast and Hilton London Islington.
