Summary
This 8-K filing from Alcoa Inc. (now Howmet Aerospace Inc.) on May 5, 2015, primarily details outcomes from its annual shareholder meeting held on May 1, 2015, and related corporate governance changes. Key among these is the approval of amendments to the company's By-Laws, effectively reducing the Board of Directors' size from 13 to 12 members due to the retirement of director Judith M. Gueron. The filing also confirms the election of four director nominees and the ratification of PricewaterhouseCoopers LLP as the independent auditor for 2015. Additionally, executive compensation received advisory approval from shareholders. The report also references the furnishing of Alcoa's 2014 Sustainability Highlights Report, underscoring the company's commitment to environmental, social, and economic performance reporting.
Key Highlights
- 1Alcoa Inc.'s 2015 annual shareholder meeting was held on May 1, 2015.
- 2The company's By-Laws were amended, reducing the Board of Directors size from 13 to 12 members.
- 3Judith M. Gueron retired from the Board and did not seek re-election.
- 4Four director nominees were elected to the Board for three-year terms.
- 5PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for 2015.
- 6Shareholders provided advisory approval for the company's executive compensation.
- 7Alcoa furnished its 2014 Sustainability Highlights Report as part of this filing.