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
Company) held its Annual Meeting of Stockholders (Annual Meeting)
for the purposes of:
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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. |
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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. |
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Approving, in a non-binding advisory vote, the compensation
paid to the Company’s named executive officers. |
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Approving, in a non-binding advisory vote, the frequency of
future advisory votes on compensation paid to the Company’s named executive officers. |
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.
McNitt, Mark H. Rachesky, MD, and Maurice M. Taylor, Jr. were
elected as directors with the following vote:
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Shares
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Shares
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Broker
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Voted For
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Withheld
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Non-Votes
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Richard M. Cashin Jr.
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42,089,185
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5,542,208
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8,322,390
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Gary L. Cowger
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44,034,279
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3,597,114
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8,322,390
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Albert J. Febbo
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42,082,097
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5,549,296
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8,322,390
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Peter B. McNitt
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42,388,006
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5,243,387
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8,322,390
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Mark H. Rachesky, MD
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42,594,435
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5,036,958
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8,322,390
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Maurice M. Taylor, Jr.
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43,293,711
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4,337,682
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8,322,390
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meeting and will continue serving his term as a Titan director.
public accounting firm was ratified by the following vote:
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Shares
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Shares
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Shares
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Broker
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Voted For
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Against
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Abstaining
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Non-Votes
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55,833,181
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81,814
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38,788
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was approved by the following vote:
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Shares
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Shares
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Shares
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Broker
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Voted For
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Against
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Abstaining
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Non-Votes
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46,309,470
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1,279,333
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42,590
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8,322,390
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advisory vote on the frequency of holding an advisory vote on
executive compensation. The results of the vote were as follows:
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Shares
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Broker
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1 Year
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2 Year
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3 Year
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Abstaining
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Non-Votes
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38,441,864
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41,189
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9,125,637
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22,703
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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).
