Cannae Holdings, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders held on June 17, 2020. The record date for the meeting was April 20, 2020, with 79,006,724 shares of common stock outstanding and entitled to vote. A quorum was present at the meeting.
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 proposals were submitted to a vote of security holders:
- Proposal 1: Election of Class III Directors
- Hugh R. Harris: 59,952,770 For; 10,711,938 Withheld.
- C. Malcolm Holland: 61,455,338 For; 9,209,370 Withheld.
- Mark D. Linehan: 70,304,110 For; 360,598 Withheld.
- Proposal 2: Advisory Vote on Executive Compensation
- 61,795,388 For; 8,766,527 Against; 102,793 Abstain.
- Proposal 3: Ratification of Independent Auditor
- Deloitte & Touche LLP was ratified with 75,237,623 For; 173,041 Against; 16,544 Abstain.
Directors continuing their terms include Class I (expiring 2021): William P. Foley, II, Frank R. Martire, and Richard N. Massey; and Class II (expiring 2022): Erika Meinhardt, James B. Stallings, and Frank P. Willey.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the final composition of the Board of Directors following the election of Class III directors.
- Confirm the appointment of Deloitte & Touche LLP as the independent auditor for the 2020 fiscal year.
- Review the proxy statement for details on the executive compensation package approved by shareholders.