Knowles Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Knowles Corporation on May 4, 2023, regarding events occurring on May 2, 2023. The filing documents the results of the Company's Annual Meeting of Stockholders.
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 and does not contain financial performance data.
Material Changes
No material changes to financial operations or business strategy are reported in this filing. The document details the successful election of directors and the ratification of the independent auditor.
Outlook, Risks, and Management Commentary
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It strictly reports the voting outcomes for three proposals:
- Proposal 1: Election of Directors. All ten nominees were elected.
- Proposal 2: Ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2023.
- Proposal 3: Non-binding advisory vote to approve named executive officer compensation.
Key Facts for Investor Verification
- Meeting Date: May 2, 2023.
- Director Election: All 10 director nominees received majority support, with vote counts ranging from approximately 74.6 million to 84.6 million "For" votes.
- Auditor Ratification: Stockholders approved the appointment of PricewaterhouseCoopers LLP with 87,463,652 votes "For" versus 529,678 "Against."
- Executive Compensation: The advisory vote on executive compensation passed with 77,583,240 votes "For" versus 7,603,263 "Against."
- Broker Non-Votes: There were 2,766,483 broker non-votes recorded for the director election and executive compensation proposals.