WABCO HOLDINGS INC. (NYSE:WBC) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
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Submission of Matters to a Vote of Security Holders. |
On May24, 2017, WABCO Holdings Inc. (the Company) held its 2017
Annual Meeting of Shareholders (the Annual Meeting). A total of
49,890,105 (92.2%)of the Companys issued and outstanding common
stock held of record as of the close of business on March29, 2017
were present in person or by proxy at the Annual Meeting. The
information below is a summary of the final voting results on the
proposals considered and voted upon at the Annual Meeting.
Election of Directors
The following persons were duly elected as directors of the
Company for new terms which will expire at the Companys Annual
Meeting of Shareholders in 2020, or until their successors are
duly elected and qualified. The table below sets forth the voting
results for each nominee:
| Votes | Broker | |||||||||||
|
Nominee |
Votes For | Withheld | Non-Votes | |||||||||
|
G. Peter DAloia |
46,716,628 | 1,141,946 | 2,031,531 | |||||||||
|
Dr.JuergenW. Gromer |
47,433,218 | 425,356 | 2,031,531 | |||||||||
|
Mary L. Petrovich |
47,214,115 | 644,459 | 2,031,531 |
Ratification of Auditors
At the Annual Meeting, the Companys shareholders ratified the
appointment of Ernst Young Bedrijfsrevisoren BCVBA/Reviseurs
dEntreprises SCCRL as the Companys independent registered public
accounting firm for the year ending December31, 2017. Set forth
below is the result of the shareholder vote on this proposal:
| Votes | ||||||||||||
|
Proposal |
Votes For | Against | Abstentions | |||||||||
|
Ratification of Appointment of Independent Registered |
49,710,203 | 167,857 | 12,045 |
Advisory Vote To Approve Executive Compensation
At the Annual Meeting, the Companys shareholders voted to
approve, on an advisory basis, the compensation paid to the
Companys named executive officers. Set forth below is the result
of the shareholder vote on this proposal:
|
Proposal |
Votes For | Votes Against | Abstentions | Broker Non-Votes | ||||||||||||
|
Approve, on an Advisory Basis, the Compensation Paid to the |
46,695,707 | 1,145,032 | 17,835 | 2,031,531 |
Advisory Vote To Recommend Frequency of Advisory Votes on
Executive Compensation
At the Annual Meeting, the Companys shareholders voted to
recommend, on an advisory basis, that the Company hold an
advisory vote to approve executive compensation every year. Set
forth below is the result of the shareholder vote on this
proposal:
|
Proposal |
1 Year | 2Years | 3 Years | Abstentions | ||||||||||||
|
Recommend, on an Advisory Basis, the Frequency of the |
45,264,650 | 8,008 | 2,571,345 | 14,571 |
Consistent with the Boards recommendation and in light of the
vote of the Companys shareholders on this proposal, the Board has
determined that the Company will hold an advisory vote on
executive compensation on an annual basis.
About WABCO HOLDINGS INC. (NYSE:WBC)
WABCO Holdings Inc. is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers. The Company engineers, develops, manufactures and sells systems controlling braking, stability, suspension, transmission automation, as well transmission automation and air management systems for commercial vehicles. It sells its products to truck and bus original equipment manufacturers (OEMs); commercial vehicle aftermarket distributors for replacement parts and services and commercial vehicle fleet operators for management solutions and service; trailer OEMs, and car manufacturers. For passenger cars, including sports utility vehicles (SUVs), the Company supplies products for niche applications. The Company’s products include anti-lock braking systems (ABS), electronic braking systems (EBS), electronic stability control (ESC), brake controls, automated manual transmission systems, air disc brakes and a range of conventional mechanical products. WABCO HOLDINGS INC. (NYSE:WBC) Recent Trading Information
WABCO HOLDINGS INC. (NYSE:WBC) closed its last trading session up +0.66 at 121.07 with 218,304 shares trading hands.