What were the key matters voted on at AMETEK's Annual Meeting of Stockholders?

The key matters voted on were the election of directors, advisory approval of executive compensation, advisory vote on the frequency of executive compensation votes, and ratification of the appointment of the independent registered public accounting firm.

What was the outcome of the director elections?

All nominees for election to the Board of Directors were elected, with each receiving a substantial number of 'Votes For' significantly outweighing 'Votes Against' and 'Abstain'.

Was AMETEK's executive compensation approved by shareholders?

Yes, the shareholders approved the company's executive compensation on an advisory (non-binding) basis, with a strong majority of 'Votes For'.

How often will the company hold an advisory vote on executive compensation?

Following the shareholder vote, AMETEK's Board of Directors has determined that the company will hold an advisory vote on executive compensation every year (annually), as this was the preferred frequency according to the shareholder vote.

AME 8-K: Shareholder Matters

Q: Who will serve as AMETEK's independent auditor for 2017?

Ernst & Young LLP was ratified by the shareholders to serve as the independent registered public accounting firm for the company for the year ending December 31, 2017.

Summary

AMETEK, Inc. (AME) filed an 8-K report on May 10, 2017, detailing the outcomes of its Annual Meeting of Stockholders held on May 9, 2017. The primary focus of this filing is the voting results on several key corporate governance matters. Investors can take comfort from the strong shareholder support for the election of directors, with all nominees receiving a substantial majority of votes cast. Furthermore, the company's executive compensation plan received advisory approval, and shareholders overwhelmingly voted in favor of holding an annual advisory vote on executive compensation. The appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2017, was also ratified with broad support.

Key Highlights

1All nominated directors were elected to the Board of Directors with significant majority support.
2Shareholders provided advisory approval for the company's executive compensation.
3An overwhelming majority of shareholders voted in favor of holding an annual advisory vote on executive compensation.
4The appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2017 was ratified by shareholders.
5The meeting confirmed director terms expiring in 2020 for the elected nominees, with other directors' terms expiring in 2018 and 2019.

AMETEK INC/ 8-K Report, Shareholder Vote Results (May 10, 2017)

Summary

Key Highlights

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