EntraVision Communications Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by EntraVision Communications Corporation on May 31, 2012. The filing was submitted on June 1, 2012.
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
As of the record date (April 12, 2012), 54,267,366 shares of Class A and 22,188,161 shares of Class B common stock were outstanding. A quorum was established with 45,222,061 Class A shares and all 22,188,161 Class B shares present.
1. Election of Directors
All six nominees were elected. Voting results were as follows:
| Director Name | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Walter F. Ulloa | 244,283,312 | 9,290,516 | 13,529,843 |
| Philip C. Wilkinson | 241,030,419 | 12,543,409 | 13,529,843 |
| Paul A. Zevnik | 237,186,917 | 16,386,911 | 13,529,843 |
| Esteban E. Torres | 252,754,799 | 819,029 | 13,529,843 |
| Gilbert R. Vasquez | 253,040,899 | 532,929 | 13,529,843 |
| Jules G. Buenabenta | 250,049,439 | 3,524,389 | 13,529,843 |
2. Ratification of Independent Auditor
Stockholders ratified the appointment of McGladrey & Pullen, LLP, as the independent auditor for the fiscal year ending December 31, 2012.
- Votes For: 266,991,643
- Votes Against: 92,827
- Abstentions: 19,201
- Broker Non-Votes: 0
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Confirmation that all six director nominees received majority support despite varying levels of withheld votes.
- Verification of the high volume of broker non-votes (13,529,843) on the director election, indicating shares held by brokers that did not receive voting instructions.
- Confirmation of the overwhelming approval for the ratification of McGladrey & Pullen, LLP as the independent auditor.
- Review of the total share count to ensure alignment with the record date figures provided.