SS&C Technologies Holdings Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K covers events occurring on May 29, 2013, for SS&C Technologies Holdings, Inc. The filing addresses corporate governance changes, specifically the departure of a director and the results of the annual meeting of shareholders.
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 shareholder voting outcomes rather than financial performance.
Material Changes and Corporate Actions
- Director Departure: Claudius E. Watts IV resigned as a director of the Company on May 29, 2013, and the Board of Directors accepted his resignation.
- Director Elections: Shareholders elected two Class III directors to serve terms expiring at the 2016 annual meeting:
- Allan M. Holt: Received 43,201,428 votes "For" and 32,734,698 votes "Withheld".
- William C. Stone: Received 75,111,363 votes "For" and 824,763 votes "Withheld".
- Auditor Ratification: Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2013. The vote was 76,348,426 "For", 147,728 "Against", and 80 "Abstain".
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 reason for Claudius E. Watts IV's resignation and any potential impact on board composition.
- Note the significant number of withheld votes for Allan M. Holt (32.7 million), which may indicate shareholder sentiment regarding his candidacy.
- Confirm the ratification of PricewaterhouseCoopers LLP as the auditor for the 2013 fiscal year.