American Water Works Company, Inc. - 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the 2013 Annual Meeting of Stockholders held on May 13, 2013, in Voorhees, New Jersey. The meeting was attended by holders representing 87% of the Company's common stock, establishing a quorum.
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
The following matters were submitted to a vote of security holders:
- Election of Directors: Nine nominees were elected for a term expiring at the 2014 Annual Meeting. All nominees received significant majority support, with "For" votes ranging from approximately 129.4 million to 131.7 million. Broker non-votes totaled 23,015,128 for all director elections.
- Ratification of Auditors: The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2013, was ratified. The vote was 153,690,967 For, 1,148,452 Against, and 163,436 Abstain.
- Executive Compensation: The advisory vote on executive compensation was approved. The vote was 128,992,894 For, 1,886,193 Against, and 1,108,640 Abstain.
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 total number of shares outstanding to contextualize the 155,002,855 shares represented at the meeting.
- Confirm the specific compensation plan details referenced in the advisory vote, as the filing only reports the vote tally.
- Note that 23,015,128 broker non-votes were recorded for director elections and the executive compensation vote, indicating shares held by brokers without discretionary voting power on those specific matters.