MGE Energy Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by MGE Energy, Inc. on May 22, 2012. The report details the results of the company's Annual Meeting of Shareholders held on the same date in Middleton, Wisconsin.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes
No material financial changes were reported. The filing documents the successful election of directors and the ratification of the independent auditor.
Management Commentary and Governance Results
The following matters were submitted to a vote of security holders:
- Election of Class II Directors: Two directors were elected for terms expiring in 2015.
- John R. Nevin: 15,288,711 votes For; 400,418 votes Withheld.
- Gary J. Wolter: 15,240,049 votes For; 449,080 votes Withheld.
- Continuing Directors: Class I directors (Londa J. Dewey, Regina M. Millner, Thomas R. Stolper) and Class III directors (Mark D. Bugher, F. Curtis Hastings, James L. Possin) remain in office.
- Ratification of Auditor: PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm.
- For: 19,147,289
- Against: 131,810
- Abstained: 195,084
Key Facts for Investor Verification
- Confirm the terms of office for the newly elected Class II directors expire at the 2015 annual meeting.
- Verify the total number of shares outstanding to calculate the percentage of votes cast versus shares not voted.
- Note that the filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.