Summary
This Form 8-K filing by Fiserv, Inc. (FISV) details the outcomes of its Annual Meeting of Shareholders held on May 28, 2014. The primary focus is on the voting results for several key corporate matters. Shareholders re-elected all seven nominated directors, indicating strong board support. Additionally, an advisory vote to approve the compensation of named executive officers was passed, suggesting shareholder confidence in the company's executive pay structure.
Key Highlights
- 1All seven nominated directors were successfully elected to serve until the 2015 annual meeting.
- 2Shareholders provided an advisory vote to approve the compensation of named executive officers.
- 3The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2014, was ratified.
- 4A shareholder proposal advocating for confidential voting was rejected by the majority of shareholders.
- 5The voting results indicate strong shareholder support for the company's current board and executive compensation practices.
- 6The filing confirms the company's principal executive offices and provides contact information.
- 7Thomas J. Hirsch, EVP, CFO, Treasurer, and Assistant Secretary, signed the report on behalf of Fiserv, Inc.
Frequently Asked Questions
The main outcomes were the election of seven directors, the advisory approval of executive compensation, the ratification of the independent auditor (Deloitte & Touche LLP), and the rejection of a shareholder proposal on confidential voting.
Yes, all seven nominated directors were elected by a significant majority of the votes cast, indicating strong shareholder confidence in the board's composition and leadership.
Shareholders voted to approve the compensation of named executive officers on an advisory basis, suggesting general agreement with the company's pay practices as disclosed.
The shareholder proposal requesting confidential voting was rejected by the shareholders, with a majority voting against it.