PRUDENTIAL FINANCIAL, INC. (NYSE:PRU) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07 Submission of Matters to a Vote of Security Holders
The Annual Meeting of Shareholders of Prudential Financial, Inc.
(the Company) was held on May9, 2017. Shareholders voted as
follows on the matters presented for a vote.
1. The nominees for election to the Board of Directors
were elected, each for a one-year term, based upon the following
votes:
|
Nominee |
For |
Against |
Abstain |
Broker Non-Votes |
||||
|
Thomas J. Baltimore, Jr. |
282,081,357 | 3,928,321 | 1,227,205 | 34,371,172 | ||||
|
Gilbert F. Casellas |
276,603,235 | 9,399,492 | 1,233,016 | 34,371,172 | ||||
|
Mark B. Grier |
279,880,061 | 6,178,760 | 1,177,549 | 34,371,172 | ||||
|
Martina Hund-Mejean |
284,972,257 | 1,083,708 | 1,181,645 | 34,371,172 | ||||
|
Karl J. Krapek |
276,068,412 | 9,921,583 | 1,247,760 | 34,371,172 | ||||
|
Peter R. Lighte |
284,726,329 | 1,263,066 | 1,248,639 | 34,371,172 | ||||
|
George Paz |
284,859,724 | 1,135,088 | 1,243,051 | 34,371,172 | ||||
|
Sandra Pianalto |
282,155,472 | 3,953,001 | 1,129,174 | 34,371,172 | ||||
|
Christine A. Poon |
282,915,662 | 3,155,956 | 1,164,457 | 34,371,172 | ||||
|
Douglas A. Scovanner |
284,726,763 | 1,228,212 | 1,283,175 | 34,371,172 | ||||
|
John R. Strangfeld |
276,315,411 | 7,984,665 | 2,937,266 | 34,371,172 | ||||
|
Michael A. Todman |
283,172,572 | 2,833,536 | 1,232,254 | 34,371,172 |
2. The proposal to ratify the appointment of
PricewaterhouseCoopers LLP as the Companys independent registered
public accounting firm for 2017 was approved based upon the
following votes:
Votes for approval: 312,430,286
Votes against: 8,018,721
Abstentions: 1,160,273
There were no broker non-votes for this item.
3. The proposal to approve, on an advisory basis, the
compensation of the Companys named executive officers was
approved based upon the following votes:
Votes for approval: 266,392,614
Votes against: 18,877,197
Abstentions: 1,965,283
Broker non-votes: 34,371,172
4. The shareholders voted, on an advisory basis, to hold
future advisory votes to approve the compensation of the Companys
named executive officers as follows:
Every year: 250,668,763
Every 2 years: 1,737,605
Every 3 years: 33,081,063
Abstentions: 1,730,045
Broker non-votes: 34,371,172
The Board of Directors of the Company has adopted a policy
providing for an annual advisory vote to approve the compensation
of the Companys named executive officers. In light of such policy
and considering the strong support for an annual vote as
reflected in the above voting results, the Company will hold
future advisory votes to approve the compensation of the Companys
named executive officers annually.
5. The shareholder proposal regarding an independent
Board Chairman was not approved based on the following
votes:
Votes for approval: 123,560,439
Votes against: 161,367,708
Abstentions: 2,308,200
Broker non-votes: 34,371,172
About PRUDENTIAL FINANCIAL, INC. (NYSE:PRU)
Prudential Financial, Inc. is a financial services company. The Company, through its subsidiaries and affiliates, provides a range of financial products and services, including life insurance, annuities and investment management. The Company’s divisions include U.S. Retirement Solutions and Investment Management Division; U.S. Individual Life and Group Insurance Division, and International Insurance Division. The U.S. Retirement Solutions and Investment Management division consists of its Individual Annuities, Retirement and Asset Management segments. The U.S. Individual Life and Group Insurance division conducts its business through the Individual Life and Group Insurance segments. The International Insurance division conducts its business through the International Insurance segment. The Company also has corporate and other operations, which include corporate items and initiatives that are not allocated to its business segments and divested businesses. PRUDENTIAL FINANCIAL, INC. (NYSE:PRU) Recent Trading Information
PRUDENTIAL FINANCIAL, INC. (NYSE:PRU) closed its last trading session up +0.58 at 108.46 with 1,456,150 shares trading hands.