Westlake Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Westlake Corporation on May 13, 2022, regarding events occurring on May 12, 2022. The filing documents the results of the Company's 2022 Annual Meeting of Stockholders.
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
Two matters were submitted to a vote of security holders at the Annual Meeting:
- Election of Directors: Three directors were re-elected. The vote counts were as follows:
- Albert Y. Chao: 106,275,633 votes for; 17,674,500 votes withheld.
- David T. Chao: 107,478,789 votes for; 16,471,344 votes withheld.
- Michael J. Graff: 119,484,968 votes for; 4,465,165 votes withheld.
- Ratification of Auditors: The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2022, was ratified.
- Votes For: 125,170,425
- Votes Against: 605,505
- Abstentions: 963
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
- Confirmation that the three nominated directors (Albert Y. Chao, David T. Chao, and Michael J. Graff) received majority support for re-election.
- Verification that PricewaterhouseCoopers LLP was successfully ratified as the independent auditor for the 2022 fiscal year.
- Review of the specific number of votes withheld for each director to assess shareholder sentiment.