Business Context and Reporting Period
This Form 8-K reports on the results of the Annual Meeting of Stockholders held by DOMO, INC. on June 11, 2024. The filing details the voting outcomes for director elections, auditor ratification, and executive compensation.
Key Financial Metrics
This filing is a current report regarding corporate governance and does not contain financial performance data. The text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
There are no material financial changes reported in this document. The primary event is the successful ratification of corporate governance matters by stockholders representing approximately 95.9% of the voting power.
Outlook, Risks, and Voting Results
The following matters were voted upon and approved:
- Proposal 1: Election of Directors - All seven nominees were elected to one-year terms. Voting results included:
- Joshua G. James: 143,692,999 For; 6,180,850 Withheld.
- Carine S. Clark: 143,575,865 For; 6,297,984 Withheld.
- Daniel Daniel: 140,439,765 For; 9,434,084 Withheld.
- Jeff Kearl: 144,393,857 For; 5,479,992 Withheld.
- John Pestana: 146,050,764 For; 3,823,085 Withheld.
- Dan Strong: 143,641,441 For; 6,232,408 Withheld.
- Renée Soto: 146,037,932 For; 3,835,917 Withheld.
- Proposal 2: Ratification of Auditor - Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2025. Results: 158,077,059 For; 258,083 Against.
- Proposal 3: Say-On-Pay - Stockholders approved the advisory vote on Named Executive Officer compensation. Results: 133,504,516 For; 16,354,119 Against.
Investor Verification Checklist
- Verify the composition of the newly elected Board of Directors and their tenure terms.
- Confirm the engagement of Ernst & Young LLP for the fiscal year ending January 31, 2025.
- Review the "Votes Withheld" percentages for director nominees to assess shareholder sentiment on specific board members.
- Note that this filing contains no financial guidance or operational metrics; refer to the most recent 10-Q or 10-K for financial data.