8-KOther EventsExhibits & Filings

ECOLAB INC. 8-K Report, Corporate Update (May 7, 2007)

Filed May 7, 2007For Securities:ECL

Summary

Ecolab Inc. (ECL) filed an 8-K on May 7, 2007, reporting on its Annual Meeting of Stockholders held on May 4, 2007. The key takeaway for investors is the overwhelming support for the company's proposed slate of directors and the ratification of its independent auditor. Specifically, four Class III Directors were elected with a substantial majority of votes cast, indicating shareholder confidence in the current leadership. Additionally, PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2007, with strong approval from shareholders. The report confirms that a significant portion of the company's voting stock, 92.17%, was represented at the meeting, demonstrating active shareholder engagement.

Key Highlights

  • 1Ecolab Inc. held its Annual Meeting of Stockholders on May 4, 2007.
  • 292.17% of the company's outstanding voting stock was represented at the meeting.
  • 3Four Class III Directors were elected with a substantial majority of shareholder votes.
  • 4Richard U. De Schutter, Joel W. Johnson, Beth M. Pritchard, and Hans Van Bylen were elected as Class III Directors.
  • 5The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2007 was ratified by shareholders.
  • 6The ratification of the auditor received strong support with 223,187,739 votes 'For'.
  • 7An accompanying news release dated May 4, 2007, is attached as an exhibit.

Frequently Asked Questions

This 8-K filing was made to report on the significant events that occurred at Ecolab Inc.'s Annual Meeting of Stockholders held on May 4, 2007, primarily concerning director elections and the ratification of the independent auditor.

Yes, all four nominated Class III Directors, Richard U. De Schutter, Joel W. Johnson, Beth M. Pritchard, and Hans Van Bylen, were elected with a significant majority of shareholder votes, indicating strong support for the current board's composition.

PricewaterhouseCoopers LLP was ratified as Ecolab's independent registered public accounting firm for the year ending December 31, 2007. The ratification was overwhelmingly approved by the shareholders.

A substantial 92.17% of Ecolab's outstanding voting stock was represented at the Annual Meeting of Stockholders, either in person or by proxy, suggesting high shareholder participation.