Assurant, Inc. Form 8-K Summary
Business Context and Reporting Period
This filing is a Current Report on Form 8-K dated May 10, 2012, regarding the Annual Meeting of Stockholders held by Assurant, Inc. on that date. The report details the outcomes of three specific proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance voting results rather than financial performance data.
Material Changes and Voting Results
The following material events occurred at the Annual Meeting:
- Proposal 1: Election of Directors. All 11 nominees were elected to the Board of Directors to serve until the 2013 Annual Meeting. While all nominees received majority support, Howard L. Carver received the highest number of votes against (9,236,188) compared to other nominees.
- Proposal 2: Ratification of Auditors. Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2012. The vote was overwhelmingly in favor with 74,127,889 votes for and 647,123 against.
- Proposal 3: Executive Compensation. Stockholders approved, via a non-binding advisory vote, the 2011 compensation paid to named executive officers. The vote resulted in 71,238,477 votes for and 1,301,842 against.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the tabulation of votes cast at the Annual Meeting.
Investor Verification Checklist
- Verify the tenure of the newly elected directors, specifically noting the term ends at the 2013 Annual Meeting.
- Review the significant number of votes cast against director nominee Howard L. Carver to understand potential shareholder concerns.
- Confirm the appointment of PricewaterhouseCoopers LLP for the 2012 fiscal year audit.
- Check subsequent filings for the company's actual financial performance for the period ending May 10, 2012, as this 8-K contains no financial data.