Ryerson Holding Corporation (NYSE:RYI) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
On April25, 2018, Ryerson Holding Corporation (“Ryerson” or the “Company”) held its 2018 Annual Meeting of Stockholders (the “Annual Meeting”) in Little Rock, Arkansas. At the Annual Meeting, Ryerson’s stockholders (i)elected each of the three persons indicated below to serve as a ClassI director for a three-year term that will continue until the 2021 annual meeting of stockholders or until his or her successor has been duly elected and qualified, (ii)approved the appointment of Ernst& Young LLP to serve as Ryerson’s independent registered public accounting firm for 2018, (iii) adopted, on a non-binding, advisory basis, a resolution approving the compensation of Ryerson’s named executive officers described under the heading “Executive Compensation” in the Company’s proxy statement, and (iv)selected, on a non-binding, advisory basis, a frequency of once every three years for the stockholder vote on the compensation of Ryerson’s named executive officers.
Ryerson’s independent inspector of elections reported the final vote of the stockholders as follows:
PROPOSAL 1: Election of ClassI Directors
Name |
For |
Withheld |
Broker Non-Votes |
Court D. Carruthers | 33,196,739 | 853,104 | 2,474,022 |
Eva M. Kalawski | 25,838,271 | 8,211,572 | 2,474,022 |
Mary Ann Sigler | 25,839,289 | 8,210,554 | 2,474,022 |
The following directors continued in office after the Annual Meeting: Kirk K. Calhoun, Jacob Kotzubei, Stephen P. Larson and Philip E. Norment.
PROPOSAL 2: Ratification of the appointment of Ernst& Young LLP as Ryerson’s independent registered public accounting firm for 2018
For |
Against |
Abstain |
36,072,308 | 390,385 | 61,172 |
PROPOSAL 3: The adoption, on a non-binding, advisory basis, of a resolution approving the compensation of Ryerson’s named executive officers described under the heading “Executive Compensation” in Ryerson’s proxy statement
For |
Against |
Abstain |
Broker Non-Votes |
33,710,928 | 332,389 | 6,526 | 2,474,022 |
PROPOSAL 4: The selection, on a non-binding, advisory basis, of the frequency of the stockholder vote on the compensation of Ryerson’s named executive officers
1 Year |
2 Years |
3 Years |
Abstain |
10,818,132 | 8,275 | 22,943,497 | 279,939 |
In accordance with the wishes of its stockholders, Ryerson will hold a vote on the compensation of named executive officers once every three years.
About Ryerson Holding Corporation (NYSE:RYI)
Ryerson Holding Corporation (Ryerson Holding) is a service center company for carbon and stainless steel, as well as aluminum. The Company processes and distributes a full line of over 70,000 products in stainless steel, aluminum, carbon steel and alloy steels, and a limited line of nickel and red metals in various shapes and forms. It operates in the metal service centers segment. In addition to providing a range of flat and long metals products, it offers various value-added processing and fabrication services, such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius and beveling to process materials to a specified thickness, length, width, shape and surface quality pursuant to specific customer orders. It owns, leases or contracts a fleet of tractors and trailers.