Summary
This 8-K filing from Royal Caribbean Cruises Ltd. (RCL) reports the results of its 2017 Annual Meeting of Shareholders, held on May 22, 2017. The meeting saw high participation, with over 162 million shares represented, constituting a quorum. Key outcomes include the overwhelmingly positive election of all twelve director nominees, demonstrating strong shareholder confidence in the current board. Additionally, shareholders provided advisory approval for the compensation of named executive officers and ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2017.
Key Highlights
- 1All twelve director nominees were elected to the Board of Directors with significant affirmative votes.
- 2Shareholders provided advisory approval for the compensation of named executive officers with a substantial majority in favor.
- 3The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2017 was ratified.
- 4The Annual Meeting had a quorum, with 162,000,512 shares represented out of 214,922,264 outstanding shares.
- 5Shareholders advisory voted for an annual frequency for future say-on-pay votes.
- 6Broker non-votes were noted for director elections and executive compensation proposals, but not for auditor ratification.