Summary
CME Group Inc. (CME) filed an 8-K on May 15, 2002, reporting on an event that occurred on May 14, 2002. The primary focus of this filing is a shareholder-approved amendment to the company's certificate of incorporation, which increased the size of the Board of Directors from 19 to 20 members. This governance change was formally adopted at the company's annual meeting of shareholders held on April 17, 2002. In conjunction with the increase in board size, the company's Board of Directors also adopted an amendment to the company's bylaws to reflect this change. Investors may view these amendments as a minor structural adjustment to the company's corporate governance framework. The amended certificate of incorporation and bylaws are filed as exhibits to this report for further review.
Key Highlights
- 1Shareholders approved an amendment to the Certificate of Incorporation.
- 2The amendment increases the size of the Board of Directors from 19 to 20 members.
- 3The shareholder vote approving the amendment took place at the annual meeting on April 17, 2002.
- 4The Board of Directors adopted an amendment to the Company's Bylaws in connection with the increase in board size.
- 5The filing includes the Certificate of Amendment to the Certificate of Incorporation and Amended and Restated Bylaws as exhibits.
- 6This report is filed on May 15, 2002, with the earliest event reported on May 14, 2002.