Business Context and Reporting Period
This Form 8-K reports on the 2024 Annual Meeting of Shareholders for Eastman Kodak Company, held virtually on May 15, 2024. The record date for the meeting was March 20, 2024.
Key Financial Metrics
This filing is a current report regarding shareholder voting results and does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
No material financial changes are reported in this document. The filing details the outcomes of shareholder votes on corporate governance and compensation matters.
Shareholder Voting Results and Governance
- Quorum: 70,616,837 votes were present or represented, constituting a quorum out of 91,444,796 total votes entitled to be cast.
- Director Elections: Shareholders elected all seven nominees for director. Notable vote counts included:
- James V. Continenza: 42,592,354 For, 967,207 Against.
- Jason New: 30,828,251 For, 12,731,760 Against (highest opposition among nominees).
- Philippe D. Katz: 36,219,704 For, 7,338,598 Against.
- Executive Compensation: Shareholders approved the advisory vote on Named Executive Officer compensation with 41,556,732 votes For and 1,989,376 votes Against.
- Incentive Plan: Shareholders approved the Second Amendment to the 2013 Omnibus Incentive Plan with 36,865,765 votes For and 6,274,490 votes Against.
- Auditor Ratification: Shareholders ratified Ernst & Young LLP as the independent registered public accounting firm with 69,813,977 votes For and 638,893 votes Against.
Investor Verification Checklist
- Verify the specific reasons for the higher "Against" votes for directors Jason New and Philippe D. Katz by reviewing the definitive Proxy Statement filed on April 5, 2024.
- Confirm the terms of the Second Amendment to the 2013 Omnibus Incentive Plan to understand the scope of the approved changes.
- Review the company's most recent 10-Q or 10-K filing for actual financial performance metrics, as this 8-K contains no financial data.