Business Context and Reporting Period
This Form 8-K filing by Delphi Automotive PLC (noting the metadata reference to Aptiv PLC, which was the successor name adopted later) reports on the Annual Meeting of Shareholders held on April 27, 2017. The document details the voting results for director elections, auditor ratification, and executive compensation.
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 outcomes rather than financial performance data.
Material Changes and Voting Results
Director Elections
Shareholders elected 12 directors for one-year terms. All nominees received overwhelming support, with "For" votes exceeding 225 million for each candidate. Notable vote counts included:
- Joseph S. Cantie: 226,423,664 For; 381,094 Against.
- Mark P. Frissora: 225,521,957 For; 1,283,852 Against.
- Rajiv L. Gupta: 225,649,076 For; 1,156,991 Against.
- Timothy M. Manganello: 225,807,727 For; 999,280 Against.
- Ana G. Pinczuk: 226,379,468 For; 190,866 Against.
Broker non-votes were recorded at approximately 5.5 million for all director nominees.
Auditor Ratification
Shareholders approved the re-appointment of Ernst & Young LLP as the independent registered public accounting firm.
- For: 230,690,870
- Against: 1,538,151
- Abstain: 208,382
Executive Compensation
Shareholders approved, on an advisory basis, the compensation of the named executive officers.
- For: 220,126,327
- Against: 6,378,473
- Abstain: 435,486
- Broker Non-Votes: 5,497,117
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 reporting of shareholder vote tallies.
Investor Verification Checklist
- Verify the corporate name transition from Delphi Automotive PLC to Aptiv PLC to ensure accurate historical data mapping.
- Confirm the specific terms of the newly elected directors, particularly those with higher "Against" vote counts (e.g., Mark P. Frissora and Rajiv L. Gupta).
- Review the proxy statement for details on the executive compensation package that received advisory approval.
- Check subsequent filings for the actual financial performance metrics not included in this governance report.