El Pollo Loco Holdings, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, dated June 4, 2019, details the results of El Pollo Loco Holdings, Inc.'s 2019 Annual Meeting of Stockholders. The meeting was held on June 4, 2019, with a record date of April 11, 2019.
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 and voting outcomes rather than financial performance.
Material Changes and Voting Results
Of the 38,615,803 shares outstanding, 36,891,448 shares (95.5%) were present or represented by proxy, constituting a quorum. Stockholders approved the following proposals:
- Election of Directors: All three Class II director nominees were elected to serve until the 2022 annual meeting.
- Douglas J. Babb: 25,783,840 votes For; 5,440,620 votes Withheld.
- William R. Floyd: 25,863,617 votes For; 5,360,843 votes Withheld.
- Dean C. Kehler: 25,378,909 votes For; 5,845,551 votes Withheld.
- Ratification of Auditors: Stockholders ratified the appointment of BDO USA, LLP as the independent registered public accounting firm for 2019.
- For: 36,339,656
- Against: 434,059
- Abstain: 117,733
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 tenure of the newly elected directors (Class II) extending to the 2022 annual meeting.
- Confirm the engagement of BDO USA, LLP as the independent auditor for the 2019 fiscal year.
- Note the high level of shareholder participation (95.5% quorum) at the annual meeting.
- Review the specific number of broker non-votes (5,666,988) which did not affect the outcome of the director elections.