Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders for Cooper-Standard Holdings Inc., held on May 19, 2016. The report was filed on May 25, 2016, detailing the outcomes of shareholder votes regarding director elections and auditor ratification.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report on corporate governance events rather than a financial statement.
Material Changes
No material financial changes are reported in this filing. The primary events are the successful election of nine directors and the ratification of the independent auditor.
Outlook, Risks, and Management Commentary
The filing contains no management commentary on future outlook, risks, contingencies, or unusual items. It strictly documents the voting results of the Annual Meeting.
Key Facts for Investor Verification
- Shares Eligible to Vote: 17,198,850 shares of common stock.
- Director Election Results: All nine nominees were elected. Notable withhold votes included 1,868,705 for Sean O. Mahoney and 1,579,850 for Thomas W. Sidlik.
- Auditor Ratification: Stockholders ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2016.
- Auditor Vote Breakdown: 15,338,594 votes For, 331,508 votes Against, and 585,225 Abstentions.
- Broker Non-Votes: 585,225 broker non-votes were recorded for all director elections.