Xenia Hotels & Resorts, Inc. - 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2015 Annual Meeting of Stockholders held on June 4, 2015. The filing details the results of votes submitted to security holders regarding director elections and the ratification of the independent auditor.
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
Stockholders approved the election of eight directors to serve until the 2016 annual meeting. Additionally, stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for fiscal year 2015.
| Director Nominee | For Votes | Withheld Votes | Broker Non-Votes |
|---|---|---|---|
| Jeffrey H. Donahue | 30,908,205 | 495,621 | 52,008,432 |
| John H. Alschuler | 30,908,380 | 495,446 | 52,008,432 |
| Keith E. Bass | 30,916,757 | 487,069 | 52,008,432 |
| Thomas M. Gartland | 30,913,458 | 490,368 | 52,008,432 |
| Beverly K. Goulet | 30,918,105 | 485,721 | 52,008,432 |
| Mary E. McCormick | 30,928,030 | 475,796 | 52,008,432 |
| Dennis D. Oklak | 30,909,798 | 494,028 | 52,008,432 |
| Marcel Verbaas | 30,905,714 | 498,112 | 52,008,432 |
Auditor Ratification (KPMG LLP):
- For: 82,579,508
- Against: 423,985
- Abstain: 408,765
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
- Verify the term length of the newly elected directors (until the 2016 annual meeting).
- Confirm the high volume of broker non-votes (52,008,432) relative to votes cast for directors.
- Note the strong approval for KPMG LLP as the independent auditor for fiscal year 2015.