Summary
This 8-K filing from Curtiss-Wright Corporation, dated May 13, 2013, reports on two key events that occurred on May 10, 2013: the company's Annual Meeting of Stockholders and the payout of performance shares to certain executive officers. The Annual Meeting saw the re-election of directors, the ratification of Deloitte & Touche LLP as the independent auditor for 2013, and advisory approval of executive compensation. The performance share payout relates to the 2010-2012 performance period, with grants made under the 2005 Omnibus Long-Term Incentive Plan.
Key Highlights
- 1The Annual Meeting of Stockholders was held on May 10, 2013.
- 2All nominated directors were elected by security holders.
- 3Deloitte & Touche LLP was ratified as the independent registered public accounting firm for 2013.
- 4Shareholders provided advisory approval for the compensation of named executive officers.
- 5Performance share payouts were made to executive officers for the 2010-2012 performance period.
- 6The payouts were made under the Curtiss-Wright Corporation 2005 Omnibus Long-Term Incentive Plan.
Frequently Asked Questions
The primary purpose of this 8-K filing was to report the results of Curtiss-Wright Corporation's Annual Meeting of Stockholders held on May 10, 2013, and to disclose performance share payouts to executive officers.
No, there were no changes reported in the Board of Directors; the filing indicates that the listed nominees were elected, suggesting a continuation of the existing board members.
The shareholders provided advisory approval for the compensation paid to the named executive officers, as disclosed in the proxy statement. The proposal received a majority of the 'FOR' votes.
The performance share payouts reported in this filing cover the performance period from 2010 to 2012.