PROVIDENT FINANCIAL SERVICES, INC. (NYSE:PFS) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07Submission of Matters to a Vote of Security Holders
On April 27, 2017, the Company’s stockholders conducted a non-binding advisory vote regarding the frequency of stockholder approval of the compensation of named executive officers. Stockholders recommended that the Company hold an annual advisory vote on executive compensation. As a result of the stockholder advisory vote, the Company’s Board of Directors has determined that the Company will hold an annual advisory vote on executive compensation until the next required vote on the frequency of stockholder votes on executive compensation.
Item 9.01Financial Statements and Exhibits
(a)Financial statements of businesses acquired: Not applicable.
(b)Pro forma financial information: Not applicable.
(c) Shell company transactions: Not applicable.
(d)Exhibits: Not applicable.
About PROVIDENT FINANCIAL SERVICES, INC. (NYSE:PFS)
Provident Financial Services Inc. is a holding company for The Provident Bank (the Bank). The Bank is a New Jersey-chartered capital stock savings bank. As a community and customer-oriented institution, the Bank provides personal service and customer convenience in serving the financial needs of the individuals, families and businesses residing in its primary markets areas. It attracts deposits from the general public and businesses in the areas surrounding its banking offices and uses those funds, together with funds generated from operations and borrowings, to originate commercial real estate loans, residential mortgage loans, commercial business loans and consumer loans. It also invests in mortgage-backed securities and other permissible investments. Its primary market area includes a mix of urban and suburban communities, and has a mix of industries, including pharmaceutical, manufacturing companies, network communications, insurance and financial services, healthcare and retail.