Business Context and Reporting Period
This Form 8-K Current Report from BlueLinx Holdings Inc. covers the Annual Meeting of Stockholders held on May 20, 2010. The report details the outcomes of shareholder votes regarding board elections and auditor ratification.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance events rather than financial performance data.
Material Changes
No material financial changes are reported in this filing. The primary events were the election of ten directors and the ratification of the independent registered public accounting firm.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future business operations. It strictly reports the voting results from the annual meeting.
Important Facts for Investors
- Shareholder Participation: 27,334,917 shares were represented at the meeting out of 32,676,562 shares issued and outstanding, establishing a quorum.
- Board Elections: All ten nominees were elected to the Board of Directors. Vote counts varied, with Richard S. Grant and Richard B. Marchese receiving the highest "For" votes (over 24 million) and Charles H. McElrea receiving the lowest (approximately 21.9 million).
- Auditor Ratification: Stockholders ratified the appointment of Ernst & Young LLP as the independent auditor for fiscal year 2010 with 27,185,701 votes in favor, 30,041 against, and 119,175 abstentions.
- Broker Non-Votes: There were 3,172,105 broker non-votes recorded for the director elections, which did not affect the outcome as the votes "For" exceeded the votes "Withheld."