Summary
This 8-K filing by TransDigm Group Incorporated (TDG) reports on the outcomes of its Annual Meeting of Stockholders held on March 5, 2015. The primary purpose of the filing is to detail the voting results on key corporate matters presented to shareholders. Notably, all nominated directors were re-elected, and the company's executive compensation plan received advisory approval. Additionally, the selection of Ernst & Young LLP as the independent auditor for the fiscal year ending September 30, 2015, was ratified by the stockholders.
Key Highlights
- 1TransDigm Group held its Annual Meeting of Stockholders on March 5, 2015.
- 2Four directors, William Dries, W. Nicholas Howley, Raymond Laubenthal, and Robert Small, were re-elected.
- 3Shareholders approved, on an advisory basis, the compensation of the company's named executive officers.
- 4The selection of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2015 was ratified.
- 5The voting results for all proposals were overwhelmingly in favor of the company's recommendations.
- 6No other business matters were presented for shareholder vote at the meeting.
Frequently Asked Questions
The main outcomes were the re-election of four directors, advisory approval of executive compensation, and ratification of the independent auditor, Ernst & Young LLP, for fiscal year 2015.
Yes, all four nominated directors – William Dries, W. Nicholas Howley, Raymond Laubenthal, and Robert Small – were re-elected with significant 'FOR' votes.
Shareholders provided advisory approval for the compensation paid to the company's named executive officers, with a majority voting 'FOR' the proposal.
Ernst & Young LLP was ratified by the stockholders as TransDigm Group Incorporated's independent accountants for the fiscal year ending September 30, 2015.