Summary
This Form 8-K filing by Teradyne, Inc. reports on two key events that occurred on May 28, 2010. Firstly, Vincent M. O'Reilly retired from the Board of Directors, adhering to the company's mandatory retirement policy. This event is primarily informational regarding board composition and governance. Secondly, the filing details the outcomes of Teradyne's 2010 Annual Meeting of Stockholders. The results show strong support for the re-election of all seven director nominees and a decisive ratification of PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2010. These voting results indicate continued confidence from shareholders in the company's leadership and financial oversight.
Key Highlights
- 1Vincent M. O'Reilly retired from Teradyne's Board of Directors on May 28, 2010, in compliance with mandatory retirement provisions.
- 2Teradyne held its 2010 Annual Meeting of Stockholders on May 28, 2010.
- 3All seven director nominees presented at the Annual Meeting were elected by a significant majority of stockholder votes.
- 4The proposal to elect James W. Bagley to the Board received 138,722,390 votes 'For'.
- 5The proposal to elect Edwin J. Gillis to the Board received the highest number of votes 'For' at 140,901,620.
- 6Stockholders overwhelmingly ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2010, with over 158 million votes 'For'.