8-KShareholder Matters

CENTENE CORP 8-K Report, Shareholder Vote Results (Apr 24, 2013)

Filed April 24, 2013For Securities:CNC

Summary

Centene Corporation (CNC) filed an 8-K on April 24, 2013, detailing the outcomes of its 2013 Annual Meeting of Stockholders held on April 23, 2013. The primary purpose of the filing was to report the results of various shareholder votes. Key decisions included the re-election of three Class III Directors and the ratification of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2013. Additionally, shareholders provided advisory approval for the company's executive compensation. The voting results indicate strong support for the re-elected directors and the chosen accounting firm, with a significant majority of votes cast in favor. The advisory vote on executive compensation also passed, reflecting shareholder confidence in the company's leadership and governance practices as of the meeting date.

Key Highlights

  • 1Orlando Ayala, Pamela A. Joseph, and Tommy G. Thompson were re-elected as Class III Directors.
  • 2KPMG LLP was ratified as Centene Corporation's independent registered public accounting firm for the fiscal year ending December 31, 2013.
  • 3Shareholders approved the advisory vote on executive compensation.
  • 4The election of directors saw overwhelming support, with each nominee receiving a substantial number of 'For' votes.
  • 5The ratification of the independent auditor, KPMG LLP, received strong approval from shareholders.
  • 6The advisory resolution on executive compensation was passed by a majority of the votes cast.

Frequently Asked Questions

Orlando Ayala, Pamela A. Joseph, and Tommy G. Thompson were re-elected as Class III Directors.

KPMG LLP was ratified by shareholders to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2013.

Yes, the proposal to approve the advisory vote on executive compensation was approved by the shareholders.

While there were 'Against' votes and 'Broker Non-Votes' on the executive compensation proposal, the majority of votes cast were in favor. The director elections and auditor ratification received very strong support with minimal opposition.