Summary
This 8-K filing from Harris Corporation, dated October 28, 2013, reports on the voting results from its 2013 Annual Meeting of Shareholders held on October 25, 2013. The report indicates strong shareholder support for the company's leadership and governance. All thirteen director nominees were elected, and a significant majority of shareholders approved the compensation of the company's named executive officers on an advisory basis. Furthermore, the shareholders overwhelmingly ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending June 27, 2014. The meeting saw robust participation, with approximately 87.90% of outstanding shares represented, demonstrating active shareholder engagement. Overall, the filing suggests a positive and stable environment for Harris Corporation from an investor perspective, with shareholders endorsing key management and oversight functions.
Key Highlights
- 1All thirteen director nominees for the Board of Directors were elected by shareholders.
- 2Shareholders provided advisory approval for the compensation of the company's named executive officers with a significant majority vote.
- 3Ernst & Young LLP was ratified as the independent registered public accounting firm for the fiscal year ending June 27, 2014, with overwhelming support.
- 4A substantial 87.90% of the company's outstanding shares were represented at the Annual Meeting, indicating high shareholder turnout.
- 5The voting results for all proposals were consistent with the recommendations made by the Board of Directors.
- 6Approximately 93.48 million shares were voted at the meeting.