Summary
This Form 8-K filing from McGraw Hill Financial, Inc. (now S&P Global Inc.) reports the outcomes of its Annual Meeting of Shareholders held on April 29, 2015. The primary focus for investors is the shareholder voting results on key corporate governance and compensation matters. The filing confirms the election of all nominated directors and the approval of the company's 2002 Stock Incentive Plan performance goals and executive compensation program on an advisory basis. Additionally, the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2015 was ratified. A shareholder proposal requesting an independent Board Chairman was voted down by a significant majority, indicating shareholder confidence in the current leadership structure. Overall, the results suggest shareholder support for management's direction and governance practices as presented at the meeting.
Key Highlights
- 1All nominated directors were elected by shareholders.
- 2Shareholders approved the performance goals for the Company’s 2002 Stock Incentive Plan.
- 3The executive compensation program was approved on an advisory basis (Say-on-Pay).
- 4Ernst & Young LLP was ratified as the independent registered public accounting firm for 2015.
- 5A shareholder proposal to adopt a policy requiring an independent Board Chairman was overwhelmingly rejected.
- 6The company was operating under the name McGraw Hill Financial, Inc. at the time of this filing.