Business Context and Reporting Period
This Form 8-K reports on the 2012 Annual Meeting of Stockholders held by Molina Healthcare, Inc. on May 2, 2012. The filing details the voting results for 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 outcomes.
Material Changes and Voting Results
A total of 44,300,404 shares were voted, representing 95.64% of the 46,320,148 shares outstanding as of the March 13, 2012 record date.
Proposal No. 1: Election of Class I Directors
All three nominees were elected by the stockholders.
| Director | Votes For | Votes Withheld | % of Votes For |
|---|---|---|---|
| Garrey E. Carruthers | 41,894,166 | 802,623 | 90.44% |
| Frank E. Murray, MD | 40,031,712 | 2,665,077 | 86.42% |
| John P. Szabo, Jr. | 40,031,368 | 2,665,421 | 86.42% |
Proposal No. 2: Ratification of Independent Auditor
Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2012.
| Votes For | Votes Against | Abstentions | % of Votes For |
|---|---|---|---|
| 43,345,852 | 489,899 | 464,653 | 93.58% |
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 total number of shares outstanding as of the March 13, 2012 record date (46,320,148).
- Confirm the successful election of the three Class I director nominees.
- Confirm the ratification of Ernst & Young LLP as the 2012 independent auditor.
- Note that no financial performance data is included in this specific filing.