Cohen & Steers, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2014 Annual Meeting of Shareholders held on May 8, 2014. The filing was submitted on May 12, 2014. The meeting addressed the election of directors, ratification of the independent auditor, and an advisory vote on 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 results.
Material Changes and Voting Results
A total of 43,326,469 shares (96.85% of shares entitled to vote) were represented at the meeting. The following matters were approved:
- Election of Directors: All six nominees were elected to serve until the 2015 Annual Meeting.
- Martin Cohen: 40,533,732 For; 333,423 Against
- Robert H. Steers: 40,814,262 For; 51,272 Against
- Peter L. Rhein: 40,229,017 For; 639,727 Against
- Richard P. Simon: 39,734,167 For; 1,134,577 Against
- Edmond D. Villani: 40,224,411 For; 644,332 Against
- Frank T. Connor: 40,832,972 For; 35,772 Against
- Ratification of Auditor: Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2014.
- For: 43,080,754
- Against: 243,959
- Abstained: 1,756
- Executive Compensation Advisory Vote: Shareholders approved the compensation of named executive officers.
- For: 36,803,555
- Against: 2,854,048
- Abstained: 1,215,679
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the tenure of the newly elected directors (until the 2015 Annual Meeting).
- Confirm the appointment of Deloitte & Touche LLP for the fiscal year ending December 31, 2014.
- Note the significant number of "Against" votes (2,854,048) on the executive compensation advisory vote, representing approximately 7.6% of the total votes cast on that item.
- Review the company's 10-K or 10-Q filings for financial performance data not included in this 8-K.