Business Context and Reporting Period
This Form 8-K filing by PolyOne Corporation (now Avient Corp) reports the results of the Annual Meeting of Shareholders held on May 15, 2013. The filing details the outcomes of three specific proposals submitted to security holders.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. It is a corporate governance report focused solely on shareholder voting results.
Material Changes
No material financial changes are reported in this document. The filing confirms the successful election of the board of directors and the ratification of the independent auditor.
Outlook, Risks, and Management Commentary
The filing contains no management commentary regarding future outlook, risks, contingencies, or unusual items. It strictly reports the final vote tallies for the Annual Meeting.
Important Facts for Investors
- Director Elections: All 11 nominated directors were elected to serve until the 2014 Annual Meeting.
- Executive Compensation: Shareholders approved the advisory vote on named executive officer compensation with 83,294,133 votes "For" versus 3,174,140 "Against".
- Auditor Ratification: Shareholders ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2013, with 89,654,644 votes "For".
- Voting Participation: There were 3,894,109 broker non-votes recorded for the director elections and executive compensation proposal.