TITAN INTERNATIONAL, INC. (NYSE:TWI) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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TITAN INTERNATIONAL, INC. (NYSE:TWI) 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

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On June 14, 2017, Titan International, Inc. (Titan or the Company) held its Annual Meeting of Stockholders (Annual Meeting) for the purposes of:
Electing Richard M. Cashin Jr., Gary L. Cowger, Albert J. Febbo, Peter B. McNitt, Mark H. Rachesky, MD, and Maurice M. Taylor, Jr. as directors to serve one year terms and until their successors are elected and qualified.
Ratifying the selection of Grant Thornton LLP by the Board of Directors as the independent registered public accounting firm to audit the Company’s financial statements for the year ended December 31, 2017.
Approving, in a non-binding advisory vote, the compensation paid to the Company’s named executive officers.
Approving, in a non-binding advisory vote, the frequency of future advisory votes on compensation paid to the Company’s named executive officers.
Of the 59,657,340 shares of Titan common stock outstanding on the record date, there were a total of 55,953,783 shares of Titan common stock (or 93.79% of total shares outstanding) represented at the Annual Meeting.
Richard M. Cashin Jr., Gary L. Cowger, Albert J. Febbo, Peter B. McNitt, Mark H. Rachesky, MD, and Maurice M. Taylor, Jr. were elected as directors with the following vote:
Shares
Shares
Broker
Voted For
Withheld
Non-Votes
Richard M. Cashin Jr.
42,089,185
5,542,208
8,322,390
Gary L. Cowger
44,034,279
3,597,114
8,322,390
Albert J. Febbo
42,082,097
5,549,296
8,322,390
Peter B. McNitt
42,388,006
5,243,387
8,322,390
Mark H. Rachesky, MD
42,594,435
5,036,958
8,322,390
Maurice M. Taylor, Jr.
43,293,711
4,337,682
8,322,390
Anthony L. Soave was a Titan director at the time of the annual meeting and will continue serving his term as a Titan director.
The selection of Grant Thornton LLP as the independent registered public accounting firm was ratified by the following vote:
Shares
Shares
Shares
Broker
Voted For
Against
Abstaining
Non-Votes
55,833,181
81,814
38,788
>The non-binding advisory resolution on executive compensation was approved by the following vote:
Shares
Shares
Shares
Broker
Voted For
Against
Abstaining
Non-Votes
46,309,470
1,279,333
42,590
8,322,390
A one year recommendation was made regarding the non-binding advisory vote on the frequency of holding an advisory vote on executive compensation. The results of the vote were as follows:
Shares
Broker
1 Year
2 Year
3 Year
Abstaining
Non-Votes
38,441,864
41,189
9,125,637
22,703
Based on these results, and consistent with the Companys recommendation, the Board has determined that Titan will hold an advisory vote on executive compensation annually.

About TITAN INTERNATIONAL, INC. (NYSE:TWI)

Titan International, Inc. is a manufacturer of wheels, tires and undercarriage systems and components for off-highway vehicles used in the agricultural, earthmoving/construction and consumer segments. The Company operates through three segments: agricultural, earthmoving/construction and consumer. The Company’s agricultural market includes rims, wheels, tires and undercarriage systems and components manufactured for use on various agricultural and forestry equipment. The Company’s earthmoving/construction market includes rims, wheels, tires and undercarriage systems and components for various types of off-the-road (OTR) earthmoving, mining, military and construction equipment. The Company’s consumer market includes bias truck tires in Latin America and light truck tires in Russia, as well as products for all-terrain vehicles (ATVs).