Associated Banc-Corp Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, dated April 25, 2023, covers the results of Associated Banc-Corp's 2023 Annual Meeting of Shareholders and the declaration of dividends by the Board of Directors on the same date.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The report focuses on corporate governance events and dividend declarations rather than financial performance metrics.
Material Changes and Corporate Actions
- Board of Directors Election: All 11 nominees were elected to the Board of Directors. Vote counts ranged from approximately 107.4 million to 117.0 million votes "For" per nominee.
- Executive Compensation: Shareholders approved the advisory vote on named executive officer compensation with 113,795,098 votes "For" and 3,258,700 votes "Against".
- Auditor Ratification: Shareholders ratified KPMG LLP as the independent registered public accounting firm for the year ending December 31, 2023, with 128,485,351 votes "For".
- Dividend Declaration: The Board declared dividends on outstanding common stock, 5.875% Preferred Stock Series E Depositary Shares, and 6.125% Series F Depositary Shares. Specific dividend amounts are not listed in this filing text.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, risk factors, or contingencies. It strictly reports on the outcomes of shareholder votes and the dividend declaration.
Investor Verification Checklist
- Verify the specific dividend amounts per share for Common Stock, Series E, and Series F Preferred Stock in the attached press release (Exhibit 99.1).
- Confirm the record dates and payment dates for the declared dividends.
- Review the full proxy statement for detailed biographies of the newly elected board members and executive compensation specifics.