Hayward Holdings, Inc. Form 8-K Summary
Business Context and Reporting Period
Hayward Holdings, Inc. filed a Current Report on Form 8-K regarding the results of its 2024 Annual Meeting of Stockholders held on May 30, 2024. The report was signed and filed on June 3, 2024. The company’s common stock trades on the New York Stock Exchange under the symbol HAYW.
Annual Meeting Results
| Proposal | Result |
|---|---|
| Election of directors | All five nominees were elected for the applicable Class I, Class II, and Class III terms. Stephen Felice received materially more withheld votes than the other nominees. |
| Executive compensation | Stockholders ratified the compensation paid to named executive officers for fiscal 2023. |
| Independent auditor | Stockholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal 2024. |
Voting Results
- Director elections: Lawrence Silber received 202,035,973 votes for, 4,701,742 withheld, and 2,342,349 broker non-votes. Lori Walker received 202,249,244 for, 4,488,471 withheld, and 2,342,349 broker non-votes. Diane Dayhoff received 202,362,578 for, 4,375,137 withheld, and 2,342,349 broker non-votes. Stephen Felice received 176,108,370 for, 30,629,345 withheld, and 2,342,349 broker non-votes. Kevin Holleran received 202,297,410 for, 4,440,305 withheld, and 2,342,349 broker non-votes.
- Executive compensation: 199,220,042 for, 7,383,765 against, 133,908 abstentions, and 2,342,349 broker non-votes.
- Auditor ratification: 206,081,153 for, 2,787,298 against, and 211,613 abstentions.
Financial Metrics, Liquidity, and Debt
This filing is limited to annual meeting voting results and does not provide revenue, profit, cash flow, margins, debt, liquidity, or other operating and financial metrics.
Changes, Outlook, Risks, and Unusual Items
The principal reported changes were governance-related: the election of the identified directors and the ratification of executive compensation and the independent auditor. The filing provides no guidance, management outlook, risk commentary, contingencies, or unusual financial items.
Investor Verification Points
- Verify the director terms: Class I expires in 2025, Class II in 2026, and Class III in 2027.
- Assess the significance of the substantially higher withheld vote total for Stephen Felice.
- Confirm that the auditor appointment applies to the fiscal year ending December 31, 2024.
- Use the company’s periodic reports for financial performance, liquidity, debt, guidance, and risk disclosures not included in this 8-K.