KBR, INC. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by KBR, INC. on May 20, 2013, regarding events occurring on May 16, 2013. The filing details the final results of the annual meeting of shareholders held on that date.
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
The following matters were submitted to a vote of security holders and approved:
- Election of Directors: Six Class I and III directors were elected, including W. Frank Blount, Loren K. Carroll, Linda Z. Cook, Jeffrey E. Curtiss, Jack B. Moore, and William P. Utt. Each received a majority of shares cast.
- Ratification of Auditors: KPMG, LLP was ratified as the independent registered public accounting firm for the year ending December 31, 2013, with 130,296,136 votes for and 570,067 against.
- Executive Compensation: The advisory vote to approve the compensation of Named Executive Officers was approved with 118,357,437 votes for and 1,458,472 against.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the specific vote counts for each director nominee to confirm majority support.
- Confirm the term length for the newly elected directors (Class I and III).
- Review the full proxy statement for details on the executive compensation package approved by shareholders.
- Check subsequent filings for the appointment of KPMG, LLP as the official auditor for the 2013 fiscal year.