Citizens Community Bancorp Inc. - 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the 2016 Annual Meeting of Stockholders held on March 24, 2016. The filing was submitted on March 28, 2016. The Company is incorporated in Maryland and maintains its principal executive offices in Eau Claire, Wisconsin.
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 matters and voting results.
Material Changes and Voting Results
A total of 5,231,265 shares of common stock were eligible to vote at the Annual Meeting. The following matters were approved:
- Election of Directors: Timothy A. Nettesheim and James R. Lang were elected to three-year terms expiring at the 2019 Annual Meeting. Both nominees were completing their previous three-year terms. The terms of Richard McHugh, Michael Swenson, David B. Westrate, and Brian R. Schilling continue until their respective expiration dates in 2017 or 2018.
- Selection of Auditors: Stockholders ratified the appointment of Baker Tilly Virchow Krause, LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2016.
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 Investors to Verify
- Confirmation of the new Board of Directors composition and term expiration dates.
- The ratification of Baker Tilly Virchow Krause, LLP as the independent auditor for the fiscal year ending September 30, 2016.
- The specific vote counts for director elections, noting significant broker non-votes (1,621,107) for both nominees.