Summary
Occidental Petroleum Corporation filed an 8-K on May 3, 2013, primarily reporting on a director's resignation and preliminary voting results from its Annual Meeting of Stockholders held the same day. Aziz D. Syriani resigned as a director and withdrew his nomination for re-election, effective May 2, 2013. This change in the board composition is noted, though no immediate replacement was announced in this filing.
Key Highlights
- 1Director Aziz D. Syriani resigned effective May 2, 2013, and withdrew from consideration for re-election at the May 3, 2013 Annual Meeting.
- 2Preliminary voting results indicate that all nominated directors (Spencer Abraham, Howard I. Atkins, Stephen I. Chazen, Edward P. Djerejian, John E. Feick, Margaret M. Foran, Carlos M. Gutierrez, and Avedick B. Poladian) received a majority of votes in favor.
- 3The advisory 'say on pay' proposal, which allows stockholders to vote on executive compensation, also received a majority of votes in favor.
- 4KPMG LLP was preliminarily approved by stockholders as the company's auditor.
- 5A proposal seeking to allow stockholder action by written consent did not receive sufficient votes to pass.
- 6Final voting results will be formally reported in a subsequent 8-K filing within four business days.