8-KShareholder Matters

AGILENT TECHNOLOGIES, INC. 8-K Report, Shareholder Vote Results (Mar 16, 2017)

Filed March 16, 2017For Securities:A

Summary

Agilent Technologies, Inc. filed an 8-K on March 16, 2017, reporting on the results of its Annual Meeting of Stockholders held on March 15, 2017. The meeting saw strong participation, with approximately 86% of outstanding shares represented. Key outcomes include the re-election of three directors, overwhelming approval of executive compensation on an advisory basis, and a clear preference for an annual vote on executive compensation frequency. Additionally, the company's choice of PricewaterhouseCoopers LLP as its independent registered public accounting firm for fiscal year 2017 was ratified by a significant majority of votes. Overall, the results indicate strong shareholder support for the current board and executive compensation practices.

Key Highlights

  • 186% of Agilent's outstanding shares were represented at the Annual Meeting.
  • 2Three directors (Heidi Kunz, Sue H. Rataj, George A. Scangos, PhD) were elected to three-year terms with substantial affirmative votes.
  • 3The non-binding advisory vote to approve the compensation of named executive officers received strong shareholder approval.
  • 4Shareholders overwhelmingly voted for an annual advisory vote on executive compensation (every 1 year).
  • 5PricewaterhouseCoopers LLP was ratified as the company's independent registered public accounting firm for fiscal year 2017 with strong support.
  • 6A high level of engagement was observed, with very few 'against' or 'abstain' votes on the major proposals.

Frequently Asked Questions

Heidi Kunz, Sue H. Rataj, and George A. Scangos, PhD were elected to serve three-year terms.

The advisory vote to approve the compensation of Agilent's named executive officers was approved. The 'For' votes significantly outnumbered the 'Against' and 'Abstain' votes.

Shareholders voted in favor of an annual advisory vote (every 1 year) on the frequency of executive compensation approval. This option received the largest number of 'For' votes by a considerable margin.

Yes, the proposal to ratify the Audit and Finance Committee's appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for fiscal year 2017 was approved with a very strong majority of votes.