Business Context and Reporting Period
This Form 8-K reports on the results of the annual meeting of stockholders held by Mueller Water Products, Inc. on January 30, 2013. The filing details the voting outcomes for the election of directors, executive compensation, 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 corporate governance voting results.
Material Changes and Voting Results
Three proposals were submitted to a vote of security holders:
- Proposal 1: Election of Directors. Eleven directors were re-elected to terms ending in 2014. All nominees received a majority of votes cast.
- Proposal 2: Executive Compensation. The advisory resolution on executive compensation was approved.
- Proposal 3: Auditor Ratification. The appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal 2013 was ratified.
Director Election Vote Summary
| Director | Votes For | Votes Withheld |
|---|---|---|
| Howard L. Clark, Jr. | 107,164,223 | 8,835,490 |
| Shirley C. Franklin | 107,169,234 | 8,830,479 |
| Thomas J. Hansen | 107,204,772 | 8,794,941 |
| Gregory E. Hyland | 104,520,809 | 11,478,904 |
| Jerry W. Kolb | 106,213,429 | 9,786,284 |
| Joseph B. Leonard | 106,266,896 | 9,732,817 |
| Mark J. O'Brien | 106,269,600 | 9,730,113 |
| Bernard G. Rethore | 106,226,920 | 9,772,793 |
| Neil A. Springer | 106,263,008 | 9,736,705 |
| Lydia W. Thomas | 107,173,838 | 8,825,875 |
| Michael T. Tokarz | 95,663,804 | 20,335,909 |
Other Proposal Vote Totals
- Executive Compensation: 103,190,702 For; 2,429,625 Against; 10,379,386 Abstentions.
- Auditor Ratification: 128,038,582 For; 239,691 Against; 8,358,220 Abstentions.
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 re-election of all 11 directors, noting that Michael T. Tokarz received the highest number of withheld votes (20,335,909).
- Confirm the advisory approval of executive compensation, which passed with approximately 97% of votes cast in favor.
- Confirm the ratification of Ernst & Young LLP as the auditor for fiscal 2013.
- Note that this filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.