PAYCHEX,INC. (NASDAQ:PAYX) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
PAYCHEX,INC. (NASDAQ:PAYX) Files An 8-K Submission of Matters to a Vote of Security Holders
|
(a) |
The Annual Meeting of Stockholders was held on October11, 2017. |
|
(b) |
There were present at the meeting, either in person or by proxy, holders of 325,529,346 common shares. Stockholders elected the ten nominees, constituting our entire Board of Directors, to hold office until the next Annual Meeting of Stockholders in 2018; approved the advisory vote on named executive officer compensation; approved holding future advisory votes on named executive officer compensation every year; and ratified the selection of our independent registered public accounting firm. |
Results of stockholder voting are as follows:
|
Election of Directors |
For |
Against |
Abstain |
Broker Non-Votes |
|
B. Thomas Golisano |
265,975,638 | 3,465,286 | 365,417 | 55,723,005 |
|
Thomas F. Bonadio |
267,336,653 | 2,082,250 | 387,438 | 55,723,005 |
|
Joseph G. Doody |
263,725,111 | 5,680,797 | 400,433 | 55,723,005 |
|
David J.S. Flaschen |
250,919,957 | 18,504,746 | 381,638 | 55,723,005 |
|
Phillip Horsley |
263,729,017 | 5,689,795 | 387,529 | 55,723,005 |
|
Grant M. Inman |
254,021,861 | 15,398,267 | 386,213 | 55,723,005 |
|
Martin Mucci |
267,224,528 | 2,203,791 | 378,022 | 55,723,005 |
|
Joseph M. Tucci |
240,094,781 | 29,341,349 | 370,211 | 55,723,005 |
|
Joseph M. Velli |
263,815,279 | 5,605,150 | 385,912 | 55,723,005 |
|
Kara Wilson |
267,507,095 | 1,921,078 | 378,168 | 55,723,005 |
|
Advisory Vote To Approve Named Executive Officer Compensation |
For |
Against |
Abstain |
Broker Non-Votes |
| 259,523,495 | 9,192,682 | 1,090,164 | 55,723,005 |
|
Advisory vote on the Frequency of Future Advisory Votes on Named Executive Officer Compensation |
One Year |
Two years |
Three Years |
Abstain |
Broker Non-Votes |
| 240,257,529 | 3,404,909 | 25,319,707 | 824,196 | 55,723,005 |
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icewa |
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Ratification of Selection of PricewaterhouseCoopers LLP as the Company’s Independent Registered PublicAccounting Firm |
For |
Against |
Abstain |
| 323,076,691 | 1,829,613 | 623,042 |
About PAYCHEX,INC. (NASDAQ:PAYX)
Paychex, Inc. is a provider of integrated human capital management (HCM) solutions for payroll, human resource (HR), retirement and insurance services for small- to medium-sized businesses in the United States. The Company also has operations in Germany. The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services. As of May 31, 2016, the Company serviced approximately 605,000 payroll clients. It offers a portfolio of HCM services and products that allows its clients to meet their payroll and HR needs. Its payroll-related ancillary services and human resource service (HRS) offerings often leverage the information gathered in the base payroll processing service, allowing it to provide outsourcing services covering the HCM spectrum. The Company, through its HCM software-as-a-service platform, Paychex Flex, provides an integrated product suite that covers the employee life cycle from recruiting and hiring to retirement.