TRONC, INC. (NASDAQ:TRNC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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TRONC, INC. (NASDAQ:TRNC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 18, 2018 the Board of Directors (the “Board”) of tronc, Inc. (the “Company”) appointed Michael N. Lavey as Controller and Chief Accounting Officer, effective immediately. Mr. Terry Jimenez, who previously served as the Company’s principal accounting officer, will continue to serve as its Executive Vice President and Chief Financial Officer.

Mr. Lavey, age 60, has served as the Company’s Senior Vice President, Corporate Controller since May 2015. Previously, Mr. Lavey served as vice president and corporate controller of A. H. Belo Corporation, a media company, from January 2010 to May 2015, and as controller of the Dallas Morning News in 2009. Earlier in his career, Mr. Lavey held financial management positions with, or served as a financial consultant for, imc, Alliance Data Systems Corporation, Lighting Science Group Corporation, MetroPCS, Inc., Excel Communications, Inc., BancTec, Inc. and NAC, Inc. Mr. Lavey began his career in the audit manager function at Arthur Andersen & Co. in 1979.

Item 5.07 Submission of Matters to a Vote of Security Holders.

On May 18, 2018, tronc, Inc. (the “Company”) held its 2018 Annual Meeting of Stockholders in Chicago, Illinois. The Company’s stockholders voted on the following matters with the following results:

1.

The election of six directors nominated by the Board.

Director

For

Withheld

Broker Non-Votes

Carol Crenshaw

21,291,255

602,424

5,978,184

Justin C. Dearborn

20,961,973

931,706

5,978,184

David Dreier

21,330,527

563,152

5,978,184

Philip G. Franklin

21,285,324

608,355

5,978,184

Eddy W. Hartenstein

21,269,136

624,543

5,978,184

Richard A. Reck

21,263,795

629,884

5,978,184

2.

The approval of an advisory resolution approving the compensation of the Company’s named executive officers for 2017.

For

Against

Abstain

Broker Non-Votes

21,672,653

210,808

10,218

5,978,184

3.

The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 30, 2018.

For

Against

Abstain

Broker Non-Votes

27,836,764

26,604

8,496

N/A


About TRONC, INC. (NASDAQ:TRNC)

tronc, Inc., formerly Tribune Publishing Company, is a content curation and monetization company focused on creating and distributing content across all channels. The Company’s portfolio of news and information brands includes daily and weekly titles, digital properties and verticals in markets across the country. The Company’s brands are sources of local news and information across all platforms, including print, online, mobile and social, in the markets they serve. Its media groups include the Chicago Tribune Media Group, the California News Group, the Sun Sentinel Media Group, the Orlando Sentinel Media Group, The Baltimore Sun Media Group, the Hartford Courant Media Group, The Morning Call Media Group and the Daily Press Media Group. The Company’s offerings also include a suite of digital, custom content and direct mail services and solutions for marketers.