Business Context and Reporting Period
This Form 8-K filing by Simply Good Foods Co reports on the results of the 2019 Annual Meeting of Stockholders held on January 23, 2019, in Naples, Florida. The company is incorporated in Delaware and is classified as an emerging growth company.
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 filing details the outcomes of two proposals submitted to stockholders:
- Proposal 1: Election of Class II Directors
- Clayton C. Daley, Jr.: 59,778,311 For; 12,316,056 Withheld; 4,024,990 Broker Non-Votes.
- Nomi P. Ghez: 57,404,506 For; 14,689,861 Withheld; 4,024,990 Broker Non-Votes.
- James E. Healey: 59,778,411 For; 12,315,956 Withheld; 4,024,990 Broker Non-Votes.
- Proposal 2: Ratification of Independent Auditor
- Ernst & Young LLP was ratified for the 2019 fiscal year with 75,808,388 votes For, 304,770 Against, and 6,199 Abstentions.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management outlook, specific risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the tenure of the newly elected Class II directors (serving until the 2022 annual meeting).
- Confirm the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2019.
- Note the significant number of broker non-votes (approx. 4 million) regarding the director elections.