WESTERN NEW ENGLAND BANCORP, INC. (NASDAQ:WNEB) 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. |
On May 18, 2017, Western New England Bancorp, Inc. (the Company)
held its Annual Meeting of Shareholders (the Annual Meeting).
There were 30,778,690 shares of common stock eligible to be voted
at the Annual Meeting and 27,160,315 shares of common stock were
presented in person or represented by proxy at the Annual
Meeting, which constituted a quorum to conduct business.
There were four proposals submitted to the Companys shareholders
at the Annual Meeting.The shareholders elected the nominees
listed in Proposal 1, approved Proposals 2 and 4, and voted for
every 1 year for Proposal 3. Proposals 1, 2, 3 and 4 are detailed
in the Companys Proxy Statement on Form 14A which was filed with
the Securities and Exchange Commission on April 5, 2017.The final
results of voting on each of the proposals are as follows:
Proposal 1:
Consideration and vote upon a proposal to elect five
Directors of the Company for a three-year term expiring in
2020.
|
Nominee |
Votes For |
Votes Against |
Votes Abstain |
Broker Non-Votes |
||||
| Laura Benoit | 21,327,002 | 462,424 | 45,247 | 5,325,642 | ||||
| Donna J. Damon | 21,330,798 | 461,914 | 41,961 | 5,325,642 | ||||
| Lisa G. McMahon | 21,322,925 | 465,940 | 45,808 | 5,325,642 | ||||
| Steven G. Richter | 21,342,034 | 445,915 | 46,724 | 5,325,642 | ||||
| William J. Wagner | 20,919,210 | 876,659 | 38,804 | 5,325,642 |
Consideration and vote upon a proposal to elect two Directors
of the Company for a two year term expiring in 2019.
|
Nominee |
Votes For |
Votes Against |
Votes Abstain |
Broker Non-Votes |
||||
| Gary G. Fitzgerald | 21,362,836 | 424,662 | 47,175 | 5,325,642 | ||||
| Paul C. Picknelly | 21,360,647 | 434,700 | 39,326 | 5,325,642 |
Consideration and vote upon a proposal to elect two Directors
of the Company for a one year term expiring in 2018.
|
Nominee |
Votes For |
Votes Against |
Votes Abstain |
Broker Non-Votes |
||||
| William D. Masse | 21,391,388 | 404,747 | 38,538 | 5,325,642 | ||||
| Gregg F. Orlen | 21,382,341 | 414,579 | 37,753 | 5,325,642 |
Proposal 2: Consideration and approval of a non-binding
advisory resolution on the compensation of the Companys named
executive officers.
|
Votes For |
Votes Against |
Votes Abstain |
Broker Non-Votes |
|||
| 21,157,809 | 560,581 | 116,283 | 5,325,642 |
Proposal 3: Consideration and approval of a non-binding
proposal on the frequency of the advisory vote concerning
compensation of the Companys named executive officers.
|
Every 1 Year |
Every 2 Years |
Every 3 Years |
Vote Abstain |
Broker Non-Votes |
||||
| 16,741,485 | 350,986 | 4,457,449 | 284,753 | 5,325,642 |
Proposal 4: Consider and vote upon a proposal for the
ratification of the appointment by the Companys Board of
Directors of Wolf Company, P.C. as the Companys independent
registered public accounting firm for the fiscal year ending
December 31, 2017.
|
Votes For |
Votes Against |
Votes Abstain |
Broker Non-Votes |
|||
| 26,424,741 | 492,532 | 243,042 |
About WESTERN NEW ENGLAND BANCORP, INC. (NASDAQ:WNEB)
Western New England Bancorp, Inc., formerly Westfield Financial, Inc., is a Massachusetts-chartered stock holding company. The Company serves as a holding company for Westfield Bank (the Bank). It is a provider of banking products and services to business organizations and individuals, including products such as residential and commercial loans, consumer loans and a variety of deposit products. It focuses on residential real estate lending, as well as servicing commercial customers, including commercial and industrial lending and commercial deposit relationships. In addition, it provides online banking services. It operates through over 21 banking offices located in Agawam, Chicopee, East Longmeadow, Feeding Hills, Holyoke, Ludlow, Southwick, Springfield, Ware, West Springfield and Westfield, Massachusetts, and Granby and Enfield, Connecticut. It also has over 10 automated teller machine (ATM) locations in Holyoke, Southwick, Springfield, West Springfield and Westfield, Massachusetts. WESTERN NEW ENGLAND BANCORP, INC. (NASDAQ:WNEB) Recent Trading Information
WESTERN NEW ENGLAND BANCORP, INC. (NASDAQ:WNEB) closed its last trading session 00.00 at 10.10 with 42,093 shares trading hands.
