TIMKENSTEEL CORPORATION (NYSE:TMST) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submission of Matters to a Vote of Security Holders
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(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:
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Nominee
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For
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Withheld
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Broker Non-Votes
|
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Randall H. Edwards
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31,973,268
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915,228
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8,638,965
|
|
Ward J. Timken, Jr.
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31,415,502
|
1,472,994
|
8,638,965
|
|
Randall A. Wotring
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32,004,258
|
884,238
|
8,638,965
|
the Company’s Independent Auditor for 2017
|
For
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Against
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Abstain
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Broker Non-Votes
|
|
39,485,143
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64,804
|
1,977,514
|
|
Officer Compensation
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For
|
Against
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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.
