Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Chimera Investment Corporation on May 27, 2010. The meeting was conducted in New York, New York, to elect directors and ratify the appointment of the independent registered public accounting firm.
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 and voting results.
Material Changes and Voting Results
The following voting outcomes were reported for the Annual Meeting:
- Shareholder Participation: 609,083,826 shares (90.86%) of the 670,371,002 shares entitled to vote were present in person or by proxy.
- Proposal 1 (Election of Class III Directors):
- Jeremy Diamond: Elected with 508,333,183 votes for, 4,007,723 withheld, and 96,742,920 broker non-votes.
- John P. Reilly: Elected with 509,704,945 votes for, 2,635,961 withheld, and 96,742,920 broker non-votes.
- Continuing Directors: Paul Donlin, Mark Abrams, Gerard Creagh, Paul Keenan, Matthew Lambiase, and Dennis Mahoney.
- Proposal 2 (Ratification of Auditors): Deloitte & Touche LLP was ratified for the fiscal year ending December 31, 2010.
- Votes For: 602,496,393
- Votes Against: 5,296,771
- Abstentions: 290,662
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. Further details regarding the proposals are referenced in the definitive proxy statement on Schedule 14A filed on April 16, 2010.
Key Facts for Investor Verification
- Verify the full composition of the Board of Directors following the election of Class III directors.
- Review the Schedule 14A proxy statement filed on April 16, 2010, for detailed background on the director nominees and auditor selection.
- Confirm the high level of shareholder participation (90.86%) and the significant number of broker non-votes (96,742,920) regarding the director elections.