Business Context and Reporting Period
This Form 8-K Current Report was filed by Cohen & Steers, Inc. on November 30, 2011, covering events occurring on November 28, 2011. The filing addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document is limited to reporting the election of a new director.
Material Changes
The Board of Directors elected Bernard B. Winograd as a director, effective January 2, 2012. This action increases the total size of the Board to seven members. Mr. Winograd is expected to be appointed to the Audit, Compensation, and Nominating and Corporate Governance Committees.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or discussion of risks and contingencies. Regarding compensation, Mr. Winograd will receive the Company's standard compensation for non-employee directors as previously disclosed in the 2011 Proxy Statement.
Key Facts for Investors
- Bernard B. Winograd was elected to the Board of Directors effective January 2, 2012.
- The Board size has increased to seven members.
- Mr. Winograd is expected to serve on the Audit, Compensation, and Nominating and Corporate Governance Committees.
- His compensation aligns with the standard package for non-employee directors detailed in the 2011 Proxy Statement.