Assurant, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Assurant, Inc. on May 9, 2013. The filing details the outcomes of three proposals submitted to security holders for a vote.
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
Stockholders approved the following proposals:
- Proposal 1 (Election of Directors): All 11 nominees were elected to the Board of Directors. While most nominees received over 98% of the votes cast, Jean-Paul L. Montupet received a higher number of votes against (4,139,019) compared to other nominees.
- Proposal 2 (Ratification of Auditors): Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2013. Votes For: 66,514,155; Votes Against: 491,086.
- Proposal 3 (Executive Compensation): Stockholders approved the non-binding advisory vote on the 2012 compensation of named executive officers. Votes For: 61,356,662; Votes Against: 3,852,790.
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the tabulation of votes cast at the Annual Meeting.
Key Facts for Investor Verification
- Verify the tenure of the newly elected directors, who serve until the 2014 Annual Meeting.
- Note the significant number of "Votes Against" for director Jean-Paul L. Montupet relative to other nominees.
- Confirm the ratification of PricewaterhouseCoopers LLP for the 2013 fiscal year audit.
- Review the 2012 executive compensation details in the company's proxy statement, as the advisory vote was approved but the specific compensation figures are not in this filing.