Business Context and Reporting Period
This Form 8-K filing by Evercore Partners Inc. reports on the company's annual meeting of stockholders held on June 8, 2015. The document details the results of shareholder votes regarding the election of directors 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
Election of Directors
Stockholders elected nine nominees to the Board of Directors for one-year terms. While most directors received overwhelming support, Director Robert B. Millard received a significant number of withheld votes.
- High Support: Directors Roger C. Altman, Richard I. Beattie, Gail B. Harris, Willard J. Overlock, Jr., Ralph L. Schlosstein, and William J. Wheeler received over 33 million "For" votes each.
- Notable Withheld Votes: Robert B. Millard received 14,615,698 "For" votes but 19,185,143 "Withheld" votes, indicating significant shareholder dissent regarding his re-election.
- Broker Non-Votes: 4,538,168 broker non-votes were recorded for all director elections.
Ratification of Independent Auditor
Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2015.
- For: 37,593,903
- Against: 730,334
- Abstain: 14,772
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 reasons behind the high number of withheld votes (19.2 million) for director Robert B. Millard compared to other nominees.
- Confirm the total number of shares outstanding to calculate the percentage of support for each director.
- Review the company's proxy statement for detailed biographies and potential conflicts of interest regarding the board nominees.