Business Context and Reporting Period
This Form 8-K reports on the results of the 2020 Annual Meeting of Stockholders for Cohu, Inc., held on May 6, 2020. The company is incorporated in Delaware and its common stock trades on the NASDAQ Stock Market under the symbol COHU.
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
On the record date of March 17, 2020, Cohu had 41,461,352 shares outstanding. At the meeting, 39,567,406 shares (95%) were represented. Three proposals were voted upon:
- Proposal 1 (Election of Directors): William E. Bendush and Nina L. Richardson were elected as Class 1 directors. The remaining directors serving until 2021 are Andrew M. Caggia, Luis A. Müller, and Jorge L. Titinger. Directors serving until 2022 are Steven J. Bilodeau, Lynne J. Camp, and James A. Donahue.
- Proposal 2 (Executive Compensation): The advisory vote on executive compensation was approved.
- Proposal 3 (Auditor Ratification): The appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2020 was ratified.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the specific vote counts for the newly elected directors (Bendush and Richardson) against the total shares represented.
- Confirm the tenure dates for the remaining board members (Caggia, Müller, Titinger, Bilodeau, Camp, Donahue).
- Review the full Proxy Statement for details on the executive compensation package approved in Proposal 2.
- Check subsequent filings for the official appointment letter of Ernst & Young LLP.