What were the main topics voted on at Teradyne's 2011 Annual Meeting of Stockholders?

The main topics included the election of directors, an advisory vote on executive compensation, the frequency of advisory votes on executive compensation, approval of performance goals for an incentive plan, and ratification of the independent auditor.

What was the outcome of the vote for director nominees?

All eight nominees for the Board of Directors were elected by a significant margin, with 'Votes For' substantially outweighing 'Votes Against' and 'Votes Abstained' for each nominee.

Did shareholders approve the executive compensation?

Shareholders voted to approve the compensation of the company's named executive officers on an advisory basis. The 'Votes For' significantly exceeded 'Votes Against'.

How often will Teradyne hold advisory votes on executive compensation?

Following the shareholder vote, Teradyne's Board of Directors determined that the company will hold an annual advisory vote on the compensation of its named executive officers, as this was the preferred frequency by a majority of the stockholders.

TER 8-K: Shareholder Matters

Summary

This Form 8-K filing from Teradyne, Inc. on May 24, 2011, details the results of its 2011 Annual Meeting of Stockholders. The primary focus of the report is the voting outcomes on several key proposals presented to shareholders. All director nominees were overwhelmingly elected, indicating strong support for the current leadership. Additionally, shareholders provided advisory approval for the compensation of named executive officers and favored an annual advisory vote on executive compensation going forward.

Key Highlights

1All eight director nominees for Teradyne's Board of Directors were elected by a substantial majority of shareholder votes.
2Shareholders provided advisory approval for the compensation of the company's named executive officers.
3A strong majority of shareholders voted in favor of holding an annual advisory vote on executive compensation.
4The company's Board of Directors will implement annual advisory votes on executive compensation consistent with shareholder preference.
5Shareholders approved the material terms of the performance goals for the 2006 Equity and Cash Compensation Incentive Plan.
6The selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year ending December 31, 2011, was ratified by shareholders.

TERADYNE, INC 8-K Report, Shareholder Vote Results (May 24, 2011)

Summary

Key Highlights

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