Business Context and Reporting Period
This Form 8-K filing by New Residential Investment Corp. (not Rithm Capital Corp.) reports on the results of the 2015 Annual Meeting of Stockholders held on May 28, 2015. The filing details the election of directors and the ratification of the independent registered public accounting firm.
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
Director Elections
Stockholders elected two Class II directors to serve until the 2018 Annual Meeting. The voting results were as follows:
| Director Nominee | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Michael Nierenberg | 71,847,508 | 456,271 | 40,813,142 |
| Kevin J. Finnerty | 65,130,453 | 457,792 | 40,813,142 |
Note: Broker non-votes occurred because brokers holding shares in "street name" did not receive voting instructions and were prohibited by NYSE rules from voting on non-routine matters like director elections.
Accounting Firm Ratification
Stockholders ratified the selection of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2015.
| Votes For | Votes Against | Abstentions |
|---|---|---|
| 112,507,446 | 608,335 | 530,091 |
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the submission of matters to a vote of security holders.
Key Facts for Investor Verification
- Verify the company name is New Residential Investment Corp., as the metadata reference to "Rithm Capital Corp." appears to be an error in the request context.
- Confirm the tenure of the newly elected Class II directors (Michael Nierenberg and Kevin J. Finnerty) extends to the 2018 Annual Meeting.
- Note the significant number of broker non-votes (over 40 million shares) regarding the director election, indicating a lack of voting instructions from beneficial owners for this non-routine matter.
- Confirm that Ernst & Young LLP was ratified with overwhelming support (over 112 million votes for).