Business Context and Reporting Period
This Form 8-K filing by Henry Schein, Inc. reports on the Annual Meeting of Stockholders held on May 10, 2010. The company is incorporated in Delaware and is headquartered in Melville, New York.
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 results.
Material Changes and Voting Results
Three primary matters were submitted to a vote of security holders:
- Election of Directors: Thirteen directors were elected for terms expiring in 2011. All nominees received a majority of votes cast, with "For" votes ranging from approximately 68.5 million to 74.2 million.
- Stock Incentive Plan Amendment: A proposal to amend the 1996 Non-Employee Director Stock Incentive Plan was approved. It received 66,034,880 votes "For" and 8,177,619 votes "Against."
- Ratification of Auditors: Stockholders ratified the selection of BDO Seidman, LLP as the independent registered public accounting firm for the fiscal year ending December 25, 2010. The proposal received 73,534,267 votes "For" and 1,109,163 votes "Against."
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 specific terms of the amendment to the 1996 Non-Employee Director Stock Incentive Plan approved by shareholders.
- Confirm the composition of the Board of Directors for the term expiring in 2011.
- Note the appointment of BDO Seidman, LLP as the auditor for the fiscal year ending December 25, 2010.
- Review the "Withheld" vote counts for directors, which ranged from approximately 460,000 to 6.1 million, to assess shareholder sentiment on specific board members.