Business Context and Reporting Period
This Form 8-K filing by Ladder Capital Corp reports on the results of its Annual Meeting of Stockholders held on June 6, 2017. The filing details the outcomes of shareholder votes regarding director elections and the ratification of the independent auditor.
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
No material financial changes or operational updates are disclosed in this filing. The primary event is the successful re-election of directors and the ratification of the accounting firm.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, management commentary on financial performance, or discussion of risks and contingencies. It strictly reports the vote tallies from the Annual Meeting.
Important Facts for Investors
- Director Re-election: Brian Harris and Mark Alexander were re-elected as Class III directors with terms expiring in 2020.
- Voting Results (Directors): Brian Harris received 69,118,046 votes for; Mark Alexander received 68,301,438 votes for. Both nominees faced significant broker non-votes (13,103,228 each).
- Auditor Ratification: Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2017.
- Voting Results (Auditor): The proposal received 85,529,859 votes for, 960,618 votes against, and 94,878 abstentions.