Summary
Fortinet, Inc. (FTNT) filed an 8-K on June 24, 2010, reporting on its 2010 Annual Meeting of Stockholders held on June 22, 2010. The primary focus of this filing is the outcome of shareholder votes on key corporate governance matters. Investors would note the election of two directors and the ratification of the company's independent auditor. The meeting saw the election of Pehong Chen and Christopher B. Paisley to the Board of Directors for three-year terms. Additionally, shareholders overwhelmingly ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2010. The filing also notes the departure of director George Hara.
Key Highlights
- 1Fortinet held its 2010 Annual Meeting of Stockholders on June 22, 2010.
- 2Pehong Chen was elected as a Class I director for a three-year term.
- 3Christopher B. Paisley was elected as a Class I director for a three-year term.
- 4George Hara's term as a director expired and he was not nominated for re-election.
- 5Deloitte & Touche LLP was ratified as the company's independent registered public accounting firm for fiscal year 2010.
- 6The ratification of the independent auditor received strong support from shareholders.