Waste Management,Inc. (NYSE:WM) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07. Submission of Matters to a Vote of Security
Holders.
At the Annual Meeting of the Company held on May12, 2017, a total
of 391,906,226 shares of the Companys common stock, out of a
total of 441,798,677 shares of common stock outstanding and
entitled to vote, were present in person or represented by
proxies. The proposals set forth below were voted on by the
Companys stockholders at the Annual Meeting. Each of the director
nominees listed under proposal 1 were elected, and the Companys
stockholders approved each of proposals 2 and 3. With respect to
proposal 4, the stockholders recommended that future non-binding
advisory votes on executive compensation be conducted annually.
The Companys stockholders did not approve stockholder proposal 5.
1. Election to the Companys Board of Directors of the following
nine director nominees:
|
|
Numberof |
|
Numberof |
|
|
|
Broker |
|
|
|
Name |
|
AffirmativeVotes |
|
NegativeVotes |
|
Abstentions |
|
Non-Votes |
|
|
Bradbury H. Anderson |
327,739,246 |
2,359,155 |
368,136 |
61,439,689 |
|||||
|
Frank M. Clark,Jr. |
319,325,544 |
10,771,884 |
369,109 |
61,439,689 |
|||||
|
James C. Fish,Jr. |
326,313,391 |
2,680,188 |
1,472,958 |
61,439,689 |
|||||
|
Andrs R. Gluski |
317,749,572 |
12,327,958 |
389,007 |
61,439,689 |
|||||
|
Patrick W. Gross |
321,790,427 |
8,297,051 |
379,059 |
61,439,689 |
|||||
|
Victoria M. Holt |
326,906,647 |
3,194,017 |
365,873 |
61,439,689 |
|||||
|
Kathleen M. Mazzarella |
327,101,905 |
3,012,773 |
351,859 |
61,439,689 |
|||||
|
John C. Pope |
322,526,756 |
7,571,656 |
368,125 |
61,439,689 |
|||||
|
Thomas H. Weidemeyer |
325,684,580 |
4,420,964 |
360,993 |
61,439,689 |
2. Ratification of the appointment of Ernst Young LLP as the
Companys independent registered public accounting firm for the
fiscal year ending December31, 2017:
|
For |
|
Against |
|
Abstentions |
|
|
387,843,312 |
3,557,303 |
505,611 |
3. Approval, by non-binding vote, of the Companys executive
compensation as described in the Companys 2017 proxy statement:
|
For |
|
Against |
|
Abstentions |
|
BrokerNon-Votes |
|
|
317,758,923 |
11,608,885 |
1,098,729 |
61,439,689 |
4. Recommendation, by non-binding vote, of the frequency of
future executive compensation votes:
|
1Year |
|
2Years |
|
3Years |
|
Abstentions |
|
|
297,165,314 |
1,244,658 |
31,409,507 |
647,058 |
In light of these results, the Company will follow the Board of
Directors recommendation to hold the non-binding advisory vote on
executive compensation annually until the next stockholder vote
on the frequency of such vote.
5. Stockholder proposal regarding a policy on accelerated vesting
of equity awards in the event of a change in control.
|
For |
|
Against |
|
Abstentions |
|
BrokerNon-Votes |
|
|
113,938,914 |
214,807,096 |
1,720,527 |
61,439,689 |
About Waste Management, Inc. (NYSE:WM)
Waste Management, Inc. (WM) is a holding company. The Company, through its subsidiaries, is a provider of waste management environmental services. The Company’s segments include Solid Waste and Other. The Company’s Solid Waste segment includes its solid waste business. The Other segment includes its Strategic Business Solutions (WMSBS) organization; its landfill gas-to-energy operations and third-party subcontract and administration services managed by its Energy and Environmental Services and WM Renewable Energy organizations; its recycling brokerage services, and its service offerings and solutions, such as portable self-storage and long distance moving services, fluorescent lamp recycling and interests it holds in oil and gas producing properties. As of December 31, 2016, the Company owned or operated 243 solid waste landfills and five secure hazardous waste landfills. Its recycling brokerage services involve managing the marketing of recyclable materials for third parties. Waste Management, Inc. (NYSE:WM) Recent Trading Information
Waste Management, Inc. (NYSE:WM) closed its last trading session down -0.74 at 71.43 with 1,334,723 shares trading hands.