TIMKENSTEEL CORPORATION (NYSE:TMST) Files An 8-K Submission of Matters to a Vote of Security Holders

TIMKENSTEEL CORPORATION (NYSE:TMST) Files An 8-K Submission of Matters to a Vote of Security Holders

Story continues below

Item 5.07

Submission of Matters to a Vote of Security Holders
At the Annual Meeting of Shareholders of TimkenSteel Corporation
(the Company) held on May 2, 2017, shareholders elected each of the
three directors nominated by the Companys Board of Directors to
three-year terms. The shareholders also ratified the selection of
Ernst Young LLP as the Companys independent auditor for the year
ending December 31, 2017, and approved, on an advisory basis, the
compensation of the Companys named executive officers. The final
voting results from the meeting are as follows:
Proposal 1 – Election of Directors
Nominee
For
Withheld
Broker Non-Votes
Randall H. Edwards
31,973,268
915,228
8,638,965
Ward J. Timken, Jr.
31,415,502
1,472,994
8,638,965
Randall A. Wotring
32,004,258
884,238
8,638,965
Proposal 2 – Ratification of the Selection of Ernst Young LLP as
the Company’s Independent Auditor for 2017
For
Against
Abstain
Broker Non-Votes
39,485,143
64,804
1,977,514
Proposal 3 – Approval, on an Advisory Basis, of Named Executive
Officer Compensation
For
Against
Abstain
Broker Non-Votes
31,898,909
546,062
443,525
8,638,965


About TIMKENSTEEL CORPORATION (NYSE:TMST)

TimkenSteel Corporation manufactures alloy steel, as well as carbon and micro-alloy steel, with an annual melt capacity of approximately two million tons. The Company’s portfolio includes special bar quality (SBQ) bars, seamless mechanical tubing and precision steel components. It operates in two segments: Industrial & Mobile and Energy & Distribution. In addition, it supplies machining and thermal treatment services and manages raw material recycling programs, which are used as a feeder system for the Company’s operations. It offers services to various sectors, including oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture, and power generation. The Company’s steels are featured in a range of end products, including oil drill pipe; hubs; axles; crankshafts and connecting rods; bearing races and rolling elements; bushings; fuel injectors; wind energy shafts, and anti-friction bearings, among others.

TIMKENSTEEL CORPORATION (NYSE:TMST) Recent Trading Information

TIMKENSTEEL CORPORATION (NYSE:TMST) closed its last trading session down -0.56 at 14.25 with 725,525 shares trading hands.

An ad to help with our costs