Systemax Inc. (NYSE:SYX) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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Systemax Inc. (NYSE:SYX) Files An 8-K Submission of Matters to a Vote of Security Holders

ITEM 5.07

Submission of Matters to a Vote of Security Holders
The annual meeting of the stockholders of Systemax Inc. (the
Company) was held on June 5, 2017. At the annual meeting, the
stockholders of the Company voted on four proposals, summarized
below. The vote on each proposal is set forth below.
1.
To elect seven directors for a one-year term ending at
the Companys 2018 annual meeting of stockholders or until
their respective successors are duly elected and
qualified:
Name of Nominee
For
Withheld
Broker Non-Votes
Richard Leeds
30,641,412
3,269,870
2,341,790
Bruce Leeds
30,641,412
3,269,870
2,341,790
Robert Leeds
30,641,412
3,269,870
2,341,790
Lawrence Reinhold
30,825,026
3,086,256
2,341,790
Stacy Dick
29,924,671
3,986,611
2,341,790
Robert D. Rosenthal
32,854,212
1,057,070
2,341,790
Marie Adler-Kravecas
33,666,019
245,263
2,341,790
Accordingly, each of the director nominees was re-elected to the
Board of Directors.
2.
The adoption, on an advisory basis, of a resolution
approving the compensation of the Named Executive
Officers of the Company as described in the “Executive
Compensation” section of the 2017 Proxy Statement:
For
33,737,608
Against
168,592
Abstain
5,082
Broker Non-Vote
2,341,790
Accordingly, our stockholders approved, on a non-binding advisory
basis, the compensation of the Named Executive Officers of the
Company.
3.
To ratify the appointment of Ernst Young LLP as the
Companys independent registered public accounting firm
for fiscal year 2017:
For
36,214,468
Against
31,870
Abstain
6,734
Broker Non-Vote
–
Accordingly, the appointment of Ernst Young LLP was ratified.
4.
The selection, on an advisory basis, of the frequency of
the stockholder vote on the compensation of the Companys
named executive officers.:
3 Years
27,766,122
2 Years
2,480
1 Year
3,441,804
Abstain
2,700,876
Broker Non-Vote
2,341,790
Accordingly, on a non-binding advisory basis, the stockholder
vote on compensation of the named executive officers is to be
held every three years.


About Systemax Inc. (NYSE:SYX)

Systemax Inc. is a direct marketer of brand name and private label products. The Company’s segments include Industrial Products Group (IPG), EMEA Technology Products Group (EMEA), and Corporate and Other (Corporate). IPG sells a range of maintenance, repair and operations (MRO) products, which are marketed in North America. The Company offers a range of products that are manufactured for its own design and marketed under the brands: Global, GlobalIndustrial.com, Nexel Relius, Relius Elite and Hercules. Its EMEA segment primarily sells information and communications technology (ICT) and consumer electronics (CE) products. These products are marketed in Europe and are manufactured by other companies. MRO products offered by its IPG segment include electrical and bulbs, fasteners and hardware, storage and shelving, and tools and instruments. ICT products offered by its EMEA segment include computer components and accessories, and software. CE products include audio and cell phones.