Business Context and Reporting Period
This Form 8-K is a current report filed by Exterran Holdings, Inc. (not Archrock, Inc.) on April 29, 2015, regarding events occurring on April 28, 2015. The filing details the results of the company's annual meeting of stockholders.
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 voted on three primary matters at the annual meeting:
- Election of Directors: All 13 nominees were elected. Votes withheld ranged from approximately 238,000 to 329,000 per director.
- Ratification of Auditors: Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2015. Approximately 59.1 million votes were cast in favor, with 200,958 against and 7,035 abstentions.
- Executive Compensation: Stockholders approved the 2014 compensation for Named Executive Officers. Approximately 53.2 million votes were cast in favor, with 1.66 million against, 19,726 abstentions, and 4.41 million 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
- Verify the company name is Exterran Holdings, Inc., as the input metadata referenced Archrock, Inc.
- Confirm the successful ratification of Deloitte & Touche LLP as the 2015 auditor.
- Note the significant number of broker non-votes (4.4 million) on the executive compensation proposal.
- Review the proxy statement filed on March 17, 2015, for detailed biographical information on the elected directors.