Business Context and Reporting Period
This Form 8-K filing by PerkinElmer, Inc. (now known as Revvity, Inc.) reports on the results of the annual meeting of shareholders held on April 23, 2013. The filing details the outcomes of three specific proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding corporate governance votes and does not contain financial performance data.
Material Changes
There are no material financial changes reported in this filing. The document solely records the successful passage of shareholder proposals regarding board composition, auditor ratification, and executive compensation.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future business performance. It strictly reports the vote tallies for the following approved items:
- Director Elections: All eight nominees were elected to one-year terms.
- Auditor Ratification: Deloitte & Touche LLP was ratified as the independent registered public accounting firm.
- Executive Compensation: The non-binding advisory vote to approve executive compensation was passed.
Important Facts for Investor Verification
- Shareholder Dissent on Compensation: While the executive compensation proposal passed, approximately 15.7% of votes cast (13,277,762 votes) were against the proposal, indicating notable shareholder concern.
- Broker Non-Votes: There were 9,402,460 broker non-votes recorded for the director elections and the executive compensation proposal, which did not count toward the total votes cast for those specific items.
- Board Composition: The board consists of eight directors, including Peter Barrett, Robert F. Friel, Nicholas A. Lopardo, Alexis P. Michas, James C. Mullen, Vicki L. Sato, Kenton J. Sicchitano, and Patrick J. Sullivan.
- Auditor Continuity: The company retained Deloitte & Touche LLP for the current fiscal year with minimal opposition (1,650,422 votes against).