Summary
This 8-K filing from The McGraw-Hill Companies, Inc. (now S&P Global Inc.) details the results of its Annual Meeting of Shareholders held on April 27, 2011. The primary focus for investors is the outcome of various shareholder votes, including the election of directors, amendments to the company's charter, and advisory votes on executive compensation and auditor ratification. Key takeaways include the overwhelming approval for the election of all nominated directors, a significant endorsement for amending the certificate of incorporation to allow shareholders to call special meetings, and the ratification of Ernst & Young LLP as the independent registered public accounting firm. The company also received strong advisory support for its executive compensation program and a preference for an annual advisory vote on executive compensation. A shareholder proposal regarding action by written consent did not pass, indicating a majority preference against this specific measure.
Key Highlights
- 1All nominated directors were overwhelmingly elected by shareholders.
- 2Shareholders approved an amendment to the Restated Certificate of Incorporation to permit shareholders to call special meetings.
- 3The appointment of Ernst & Young LLP as the independent Registered Public Accounting Firm for 2011 was ratified with substantial support.
- 4An advisory vote to approve the executive compensation program for named executive officers received strong shareholder support.
- 5Shareholders favored holding an advisory vote on executive compensation on a '1 Year' frequency.
- 6A shareholder proposal requesting shareholder action by written consent was not approved.
- 7The filing was made by The McGraw-Hill Companies, Inc. on April 27, 2011, reporting on events from April 26, 2011.