EPAM Systems, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated June 17, 2013, reports on the results of EPAM Systems, Inc.'s Annual Meeting of Stockholders held on June 13, 2013. The filing details the election of directors 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 actions rather than financial performance.
Material Changes
No material financial changes are reported in this document. The primary events are the successful election of Class I directors and the ratification of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2013.
Guidance, Outlook, and Risks
The filing contains no management guidance, outlook, risk factors, or discussion of unusual items. It references the Proxy Statement filed on April 24, 2013, for detailed descriptions of the proposals.
Key Facts for Investors to Verify
- Shareholder Participation: 45,293,874 shares were represented at the meeting.
- Director Election Results: Karl Robb received 34,269,278 votes FOR (2,073,096 withheld); Richard Michael Mayoras received 35,621,670 votes FOR (720,704 withheld). Both were elected for a three-year term.
- Auditor Ratification: Deloitte & Touche LLP was ratified with 43,062,345 votes FOR, 91,916 AGAINST, and 112,694 ABSTAIN.
- Broker Non-Votes: 6,924,581 broker non-votes were recorded for the director elections.