XPO Logistics, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the XPO Logistics, Inc. 2013 Annual Meeting of Stockholders held on May 29, 2013. The filing was submitted on May 31, 2013.
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 three key matters at the annual meeting:
- Election of Directors: All nominees were elected. G. Chris Andersen received 19,366,150 votes for and 98,898 against. Oren G. Shaffer received 19,235,201 votes for and 229,847 against. There were 4,796,084 broker non-votes for both candidates.
- Ratification of Auditors: Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2013. Votes were 24,245,829 for, 9,185 against, and 6,118 abstentions.
- Advisory Vote on Executive Compensation: The vote was approved with 17,597,502 votes for, 1,846,142 against, and 21,404 abstentions. There were 4,796,084 broker non-votes.
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
- Confirm the total number of shares outstanding to calculate the percentage of votes cast for each proposal.
- Verify the specific terms of the executive compensation plan approved via the advisory vote.
- Review the full proxy statement for details on the director nominees' qualifications and any related party transactions.