Business Context and Reporting Period
This Form 8-K Current Report covers the results of the Annual Meeting of Shareholders held on May 6, 2021, for Ameren Corporation ("Ameren"), Union Electric Company ("Ameren Missouri"), and Ameren Illinois Company ("Ameren Illinois"). The filing details the election of directors and the ratification of shareholder proposals for each registrant.
Key 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 rather than financial performance.
Material Changes and Voting Results
Ameren Corporation
- Election of Directors: All 14 nominees were elected. Warner L. Baxter and James C. Johnson received the highest number of votes against (5,764,116 and 7,853,203, respectively), while others received between 1,031,648 and 3,032,981 votes against.
- Executive Compensation: The non-binding advisory approval of executive compensation was approved with 187,270,663 votes for and 6,642,117 votes against.
- Auditor Ratification: The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm was approved with 209,329,216 votes for and 7,164,348 votes against.
Ameren Missouri (Union Electric Company)
- Election of Directors: All 5 nominees (Mark C. Birk, Fadi M. Diya, Martin J. Lyons, Jr., Michael L. Moehn, and Chonda J. Nwamu) were elected unanimously with 102,123,834 votes for each and no withheld votes, abstentions, or broker non-votes.
Ameren Illinois Company
- Election of Directors: All 5 nominees (Richard J. Mark, Michael L. Moehn, Chonda J. Nwamu, Theresa A. Shaw, and David N. Wakeman) were elected unanimously with 25,452,373 votes for each and no withheld votes, abstentions, or broker non-votes.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to reporting the outcomes of the shareholder vote.
Important Facts for Investors to Verify
- Verify the specific reasons for the higher "votes against" for directors Warner L. Baxter and James C. Johnson compared to other board members.
- Confirm the total number of shares outstanding to calculate the percentage of votes cast for each proposal.
- Review the full proxy statement for details on the executive compensation plan that was approved.
- Note that the filing covers three separate legal entities (Ameren, Ameren Missouri, and Ameren Illinois) with distinct voting totals.