Business Context and Reporting Period
This Form 8-K filing by Evercore Partners Inc. reports on the annual meeting of stockholders held on June 7, 2011. The document details the outcomes of shareholder votes regarding board elections, executive compensation, and auditor ratification.
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 voting results.
Material Changes and Voting Results
Board of Directors Election
All nominees were elected for one-year terms. The final tabulation included:
- Roger C. Altman: 22,769,225 For; 4,990,740 Withheld.
- Pedro Aspe: 21,539,030 For; 6,220,935 Withheld.
- Richard I. Beattie: 22,137,007 For; 5,622,958 Withheld.
- Francois de Saint Phalle: 25,554,578 For; 2,205,387 Withheld.
- Gail B. Harris: 25,466,412 For; 2,293,553 Withheld.
- Curt Hessler: 27,228,412 For; 531,553 Withheld.
- Anthony N. Pritzker: 25,439,071 For; 2,320,894 Withheld.
- Ralph L. Schlosstein: 22,805,578 For; 4,954,387 Withheld.
Broker non-votes totaled 2,476,158 for all director nominees.
Executive Compensation (Say-on-Pay)
The non-binding advisory resolution to approve compensation for Named Executive Officers was approved.
- For: 24,543,856
- Against: 2,853,080
- Abstain: 363,029
Frequency of Say-on-Pay Votes
Shareholders voted on the frequency of future advisory votes on executive compensation. The majority favored an annual vote.
- For 1 Year: 12,891,249
- For 3 Years: 14,480,573
- For 2 Years: 33,713
Auditor Ratification
The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2011 was ratified.
- For: 30,107,139
- Against: 115,092
- Abstain: 13,892
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items. The registrant noted it will provide additional information required by Item 5.07(d) within 150 days of the annual meeting.
Investor Verification Checklist
- Verify the total number of shares outstanding to calculate the percentage of votes cast for each director and proposal.
- Confirm the specific compensation details for Named Executive Officers referenced in the advisory vote.
- Review the upcoming filing (due within 150 days of June 7, 2011) for additional disclosures required under Item 5.07(d).
- Check subsequent filings for the company's financial performance, as this 8-K contains no financial data.