CDW Corp Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the annual meeting of stockholders held by CDW Corporation on May 13, 2015, in Mettawa, Illinois. The filing covers the submission of matters to a vote of security holders.
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
The following matters were submitted to and approved by stockholders:
- Election of Directors: Four Class II Directors were elected with terms expiring at the 2018 annual meeting.
- James A. Bell: 128,258,222 votes for; 350,162 votes withheld.
- Benjamin D. Chereskin: 127,892,968 votes for; 715,416 votes withheld.
- Glenn M. Creamer: 125,722,889 votes for; 2,885,495 votes withheld.
- Paul J. Finnegan: 125,724,909 votes for; 2,883,475 votes withheld.
- Ratification of Auditors: Stockholders ratified the selection of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2015.
- Votes For: 136,294,627
- Votes Against: 299,125
- Abstentions: 18,486
- Advisory Vote on Executive Compensation: Stockholders approved the compensation of named executive officers on an advisory basis.
- Votes For: 128,126,256
- Votes Against: 427,873
- Abstentions: 54,255
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 terms of the newly elected Class II Directors expire in 2018.
- Confirm the appointment of Ernst & Young LLP as the auditor for the fiscal year ending December 31, 2015.
- Note the significant number of broker non-votes (8,003,854) recorded for the director elections and executive compensation vote.
- Review the specific vote counts for Glenn M. Creamer and Paul J. Finnegan, who received the highest number of votes withheld among the director candidates.