8-KShareholder Matters

EVERSOURCE ENERGY 8-K Report, Shareholder Vote Results (May 5, 2014)

Filed May 5, 2014For Securities:ES

Summary

This Form 8-K filed by Northeast Utilities on May 5, 2014, reports on the outcomes of their Annual Meeting of Shareholders held on May 1, 2014. The primary purpose of the filing is to disclose the voting results on several key proposals. Notably, all 13 incumbent trustees were re-elected to the Board of Trustees for one-year terms with overwhelming support. Shareholders also approved, on an advisory basis, the compensation of the company's Named Executive Officers for 2013. Finally, the shareholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accountants for 2014. The report confirms a quorum was present at the meeting, with a significant majority of outstanding shares represented.

Key Highlights

  • 1All 13 incumbent Trustees of Northeast Utilities were re-elected by shareholders for a one-year term.
  • 2Shareholder approval was granted on an advisory basis for the compensation of the company's Named Executive Officers for the 2013 fiscal year.
  • 3Deloitte & Touche LLP was ratified as the independent registered public accountants for Northeast Utilities for 2014.
  • 4The Annual Meeting of Shareholders took place on May 1, 2014.
  • 5A quorum was established at the meeting, with 266,209,390.91 common shares represented out of 315,629,935 outstanding shares on the record date.
  • 6All voting outcomes, including election of trustees and advisory votes, received substantial majority support from shareholders.

Frequently Asked Questions

The main purpose of this 8-K filing was to report the results of Northeast Utilities' Annual Meeting of Shareholders, which included voting outcomes on the election of trustees, advisory approval of executive compensation, and ratification of independent auditors.

No, all 13 incumbent trustees were re-elected by a substantial majority of votes, indicating continuity in the company's leadership and governance structure.

Shareholders approved the compensation of the company's 2013 Named Executive Officers on an advisory basis with approximately 90.97% of the votes cast in favor.

Deloitte & Touche LLP was ratified by shareholders as the independent registered public accountants for Northeast Utilities for the year 2014.