8-KShareholder Matters

CROWN CASTLE INC. 8-K Report, Shareholder Vote Results (May 25, 2012)

Filed May 25, 2012For Securities:CCI

Summary

Crown Castle International Corp. (CCI) filed an 8-K report on May 25, 2012, detailing the outcomes of its Annual Stockholder Meeting held on May 24, 2012. The meeting addressed several key corporate governance and financial matters. Investors would be interested to note the strong support for the election of Class II directors and the ratification of PricewaterhouseCoopers LLP as the independent registered public accountants for fiscal year 2012. The report also indicates the outcome of a non-binding, advisory vote on the compensation of named executive officers. The overwhelming majority of votes cast in favor of these proposals suggests continued confidence from shareholders in the company's leadership and oversight.

Key Highlights

  • 1The Annual Meeting of Stockholders took place on May 24, 2012.
  • 2Four Class II directors were elected for three-year terms expiring in 2015, with strong "Votes For" results.
  • 3PricewaterhouseCoopers LLP was ratified as the independent registered public accountants for fiscal year 2012.
  • 4The compensation of the Company's named executive officers was approved on a non-binding, advisory basis.
  • 5Director election results showed significant shareholder support, with votes withheld and broker non-votes being relatively low compared to votes for.
  • 6The ratification of PricewaterhouseCoopers LLP saw a very high percentage of "Votes For" with minimal opposition.
  • 7The advisory vote on executive compensation also received substantial shareholder approval.

Frequently Asked Questions

The main agenda items included the election of Class II directors, the ratification of PricewaterhouseCoopers LLP as the independent registered public accountants for fiscal year 2012, and an advisory vote to approve the compensation of the company's named executive officers.

Shareholders overwhelmingly voted in favor of all four nominees for Class II director, indicating strong support for the company's board leadership.

Yes, the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accountants for fiscal year 2012 was ratified by shareholders with a significant majority of votes in favor.

The advisory vote on the compensation of the Company's named executive officers was approved by shareholders on a non-binding basis, with a substantial majority of votes cast in favor.