Aptiv PLC current report, 23 April 2020

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Aptiv PLC Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by Aptiv PLC on April 23, 2020. The report details the results of the Company's Annual General Meeting of Shareholders held on the same date. Aptiv PLC is incorporated in Jersey and maintains its principal executive offices in Dublin, Ireland.

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 matters and shareholder voting results rather than financial performance data.

Material Changes

No material changes to financial operations or business strategy are reported in this document. The primary events are the election of directors and the ratification of auditor and executive compensation proposals.

Shareholder Voting Results and Governance

The following matters were submitted to a vote of security holders:

  • Election of Directors: Shareholders elected 11 directors for one-year terms. While most nominees received overwhelming support, two directors faced significant dissent:
    • Rajiv L. Gupta: Received 198,407,852 votes "For" and 22,550,500 votes "Against".
    • Paul M. Meister: Received 186,701,378 votes "For" and 37,008,530 votes "Against".
  • Auditor Ratification: Shareholders approved the re-appointment of Ernst & Young LLP as the independent registered public accounting firm with 225,022,161 votes "For" and 3,584,463 votes "Against".
  • Executive Compensation: Shareholders approved, on an advisory basis, the compensation of named executive officers with 214,867,785 votes "For" and 8,855,507 votes "Against".

Key Facts for Investor Verification

  • Verify the reasons for the significant "Against" votes cast for directors Rajiv L. Gupta and Paul M. Meister.
  • Confirm the specific terms of the advisory vote on executive compensation to understand the context of the 8.8 million dissenting votes.
  • Note that this filing contains no financial data; refer to the most recent 10-K or 10-Q for financial metrics.