Business Context and Reporting Period
This Form 8-K filing by Byline Bancorp, Inc. reports on the results of the annual meeting of stockholders held on June 5, 2018. The filing details the voting outcomes for director elections and the ratification of the independent auditor.
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
No material financial changes or operational updates are disclosed in this specific filing. The document serves as a record of shareholder actions taken during the annual meeting.
Guidance, Outlook, and Voting Results
Two proposals were presented and voted upon by stockholders:
- Proposal 1: Election of Directors
- Eight (8) director nominees were elected to serve one-year terms until the 2019 Annual Meeting.
- All nominees received a majority of votes cast "For" their election.
- Voting Summary:
- L. Gene Beube: 25,608,967 For / 37,033 Withheld
- Phillip R. Cabrera: 25,521,393 For / 124,607 Withheld
- Antonio del Valle Perochena: 25,493,366 For / 152,634 Withheld
- Roberto R. Herencia: 25,616,124 For / 29,876 Withheld
- William G. Kistner: 25,627,685 For / 18,315 Withheld
- Alberto J. Paracchini: 25,616,124 For / 29,876 Withheld
- Steven M. Rull: 25,609,117 For / 36,883 Withheld
- Jaime Ruiz Sacristan: 25,168,087 For / 477,913 Withheld
- Proposal 2: Ratification of Independent Auditor
- Stockholders ratified the appointment of Moss Adams LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2018.
- Voting Summary: 26,655,840 For / 26,355 Against / 12,064 Abstentions.
Investor Verification Checklist
- Verify the composition of the Board of Directors for the 2018-2019 term based on the election results.
- Confirm the engagement of Moss Adams LLP for the 2018 fiscal year audit.
- Review the company's 10-K or 10-Q filings for the corresponding financial metrics, as they are not included in this 8-K.