Business Context and Reporting Period
This Form 8-K filing by Emerson Electric Co. reports the final results of the 2022 Annual Meeting of Shareholders held on February 1, 2022. The report covers the voting outcomes for director elections, auditor ratification, and executive compensation advisory votes.
Key Financial Metrics
The filing text does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report focused solely on corporate governance voting results.
Material Changes
No material financial changes or operational updates are disclosed in this filing. The document serves to disclose the ratification of shareholder votes rather than financial performance changes.
Guidance, Outlook, and Voting Results
The filing details the following shareholder voting outcomes:
- Proposal 1 (Director Elections): All four nominees were elected.
- Joshua B. Bolten: 405,619,693 For; 27,416,206 Withheld.
- William H. Easter III: 419,677,840 For; 13,358,059 Withheld.
- Surendralal (Lal) L. Karsanbhai: 428,973,000 For; 4,062,899 Withheld.
- Lori M. Lee: 427,838,163 For; 5,197,736 Withheld.
- Proposal 2 (Auditor Ratification): The appointment of KPMG LLP as the independent registered public accounting firm for fiscal 2022 was ratified.
- For: 484,184,267
- Against: 25,917,305
- Abstain: 1,310,145
- Proposal 3 (Executive Compensation): The non-binding advisory vote on executive compensation was approved.
- For: 384,626,100
- Against: 45,448,399
- Abstain: 2,961,400
Investor Verification Checklist
- Verify the total number of shares entitled to vote to contextualize the "For" and "Against" percentages.
- Review the full Proxy Statement referenced in the filing for detailed biographies of the elected directors and specifics of the executive compensation plan.
- Confirm the effective date of KPMG LLP's engagement for fiscal 2022.