SS&C Technologies Holdings Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, dated June 2, 2011, details the results of the annual meeting of shareholders held on that date for SS&C Technologies Holdings, Inc. The filing addresses corporate governance matters, specifically the election of directors, executive compensation advisory votes, 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 shareholder voting outcomes and does not contain financial performance data.
Material Changes and Voting Results
The following material actions were taken by shareholders at the annual meeting:
- Election of Directors: Three Class I directors were elected to serve terms expiring at the 2014 annual meeting:
- Normand A. Boulanger: 63,109,752 votes For.
- Campbell R. Dyer: 60,357,088 votes For.
- David A. Varsano: 71,836,057 votes For.
- Executive Compensation (Say-on-Pay): A non-binding advisory proposal on executive compensation was approved with 59,231,015 votes For versus 12,953,818 Against.
- Frequency of Say-on-Pay Votes: Shareholders recommended, in a non-binding advisory vote, that future advisory votes on executive compensation be held every three years (51,200,265 votes). The Board intends to follow this recommendation.
- Auditor Ratification: The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2011, was ratified with 72,455,670 votes For.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to reporting the outcomes of the shareholder vote.
Key Facts for Investor Verification
- Confirm the tenure of the newly elected Class I directors (Normand A. Boulanger, Campbell R. Dyer, and David A. Varsano) through the 2014 annual meeting.
- Verify that the Board has formally adopted the three-year frequency for future executive compensation advisory votes as recommended by shareholders.
- Confirm PricewaterhouseCoopers LLP's engagement as the independent auditor for the fiscal year ending December 31, 2011.
- Note that this filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.