Cohen & Steers, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Cohen & Steers, Inc. on March 17, 2014, reporting events that occurred on March 14, 2014. The filing addresses corporate governance changes specifically regarding the Board of Directors.
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 personnel appointments and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of Frank T. Connor as a director of the Company. Mr. Connor was appointed to fill a vacancy created by the death of a director on March 1, 2014. He has been assigned to the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.
Guidance, Outlook, and Management Commentary
The Board determined that Mr. Connor is independent in accordance with Rule 10A-3 of the Securities Exchange Act of 1934 and applicable New York Stock Exchange rules. There were no special arrangements or understandings regarding his appointment. Mr. Connor will receive standard compensation for non-management directors as disclosed in the 2013 Proxy Statement, pro-rated for the 2014 calendar year. No financial guidance, outlook, or risk factors were disclosed in this specific filing.
Key Facts for Investor Verification
- Frank T. Connor, age 54, is the Executive Vice President and Chief Financial Officer of Textron Inc.
- Mr. Connor was appointed to fill a vacancy caused by a director's passing on March 1, 2014.
- Mr. Connor serves on the Audit, Compensation, and Nominating and Corporate Governance Committees.
- His compensation is pro-rated based on the standard director fees outlined in the 2013 Proxy Statement.
- No financial results or operational metrics are included in this report.