Moelis & Co. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Moelis & Co. on June 15, 2016. The report details the results of the Company's annual meeting of stockholders held on June 14, 2016.
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
Stockholders voted on two primary proposals at the annual meeting:
- Proposal 1: Election of Directors - All eight nominees were elected. The vote tabulation is as follows:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Kenneth Moelis | 323,056,975 | 4,010,295 | 1,242,654 |
| Navid Mahmoodzadegan | 318,801,515 | 8,265,755 | 1,242,654 |
| Jeffrey Raich | 318,850,306 | 8,216,964 | 1,242,654 |
| Eric Cantor | 318,849,143 | 8,218,127 | 1,242,654 |
| J. Richard Leaman III | 318,850,180 | 8,217,090 | 1,242,654 |
| John A. Allison IV | 326,946,818 | 120,452 | 1,242,654 |
| Dr. Yvonne Greenstreet | 326,848,902 | 218,368 | 1,242,654 |
| Kenneth L. Shropshire | 326,848,980 | 218,290 | 1,242,654 |
- Proposal 2: Ratification of Independent Auditor - Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2016.
| Vote Type | Count |
|---|---|
| Votes For | 328,181,546 |
| Votes Against | 125,130 |
| Abstentions | 3,248 |
| Broker Non-Votes | 0 |
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 successful election of all eight board nominees, noting the varying levels of "Votes Withheld" among directors.
- Confirm the ratification of Deloitte & Touche LLP as the auditor for the 2016 fiscal year.
- Note that this filing contains no financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.