KBR, Inc. 8-K Filing Summary
Business Context and Reporting Period
This Form 8-K reports the results of the 2024 Annual Meeting of Stockholders held on May 15, 2024. As of the record date of March 20, 2024, there were 134,651,051 shares of common stock outstanding. On the meeting date, holders of 125,529,114 shares were present in person or by proxy.
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 outcomes.
Material Changes and Voting Results
The following proposals were submitted to stockholders and approved:
- Election of Directors: All ten nominees were elected for one-year terms expiring at the 2025 annual meeting. Voting results included:
- Mark E. Baldwin: 116,924,938 For / 870,306 Against
- Stuart J. B. Bradie: 117,439,941 For / 367,665 Against
- Joseph Dominguez: 117,463,017 For / 330,781 Against
- Lynn A. Dugle: 115,629,877 For / 2,173,181 Against
- General Lester L. Lyles, USAF (Ret.): 115,588,268 For / 2,215,234 Against
- Sir John A. Manzoni KCB: 117,437,264 For / 356,305 Against
- Lt. General Wendy M. Masiello, USAF (Ret.): 116,702,282 For / 1,102,293 Against
- Jack B. Moore: 114,621,291 For / 3,174,038 Against
- Ann D. Pickard: 116,661,613 For / 1,133,937 Against
- Carlos A. Sabater: 116,740,474 For / 1,055,101 Against
- Executive Compensation: The advisory vote to approve the compensation of Named Executive Officers was approved with 115,862,279 votes For and 1,919,842 votes Against.
- Independent Auditor: The ratification of KPMG LLP as the independent registered public accounting firm for the year ending January 3, 2025, was approved with 124,777,164 votes For and 708,583 votes Against.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the specific terms of the one-year director mandates expiring in 2025.
- Review the definitive proxy statement filed on April 1, 2024, for detailed executive compensation disclosures referenced in Proposal 2.
- Confirm the scope of KPMG LLP's engagement for the fiscal year ending January 3, 2025.
- Note that broker non-votes totaled 7,679,624 for the director elections and executive compensation vote.