Business Context and Reporting Period
This Form 8-K reports the results of the 2014 Annual Meeting of Stockholders for Installed Building Products, Inc., held on June 18, 2014. The record date for the meeting was May 1, 2014, with 30,601,401 shares of common stock entitled to vote.
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
The following matters were submitted to a vote of security holders with final results:
- Election of Directors: Three directors were elected for terms expiring in 2017. All nominees received significant majority support.
- Ratification of Auditors: The appointment of Deloitte & Touche LLP as the independent public accounting firm for the fiscal year ending December 31, 2014, was ratified.
| Nominee / Matter | Votes For | Votes Against / Withheld | Abstain / Non-Votes |
|---|---|---|---|
| Michael T. Miller (Director) | 27,238,425 | 1,794,954 (Withheld) | 1,157,450 (Broker Non-Votes) |
| J. Michael Nixon (Director) | 27,273,355 | 1,760,024 (Withheld) | 1,157,450 (Broker Non-Votes) |
| Steven G. Raich (Director) | 27,269,982 | 1,763,397 (Withheld) | 1,157,450 (Broker Non-Votes) |
| Ratification of Deloitte & Touche LLP | 30,168,641 | 17,118 (Against) | 5,070 (Abstain) |
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 terms of office for the newly elected directors (expiring 2017).
- Confirm the engagement of Deloitte & Touche LLP for the fiscal year ending December 31, 2014.
- Review the definitive proxy statement filed on April 30, 2014, for detailed background on the nominees and auditor selection.