Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Houlihan Lokey, Inc. on September 18, 2024. The filing details the final vote tabulations for four proposals submitted to shareholders.
Key Financial Metrics
This filing is a current report regarding corporate governance and shareholder voting. It does not provide financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
There are no material financial changes reported in this document. The filing solely documents the outcomes of shareholder votes compared to the proposals presented.
Outlook, Risks, and Voting Results
The following proposals were voted upon at the Annual Meeting:
- Proposal 1 (Election of Class III Directors): All four nominees were elected.
- Scott J. Adelson: 198,002,434 votes for.
- Ekpedeme M. Bassey: 195,814,918 votes for.
- Robert A. Schriesheim: 192,456,940 votes for.
- P. Eric Siegert: 207,711,356 votes for.
- Proposal 2 (Advisory Vote on Executive Compensation): Approved.
- Votes For: 206,218,345
- Votes Against: 6,854,293
- Proposal 3 (Frequency of Compensation Vote): Shareholders voted to hold the advisory vote annually.
- One Year: 212,485,253 votes
- Three Years: 590,063 votes
- Proposal 4 (Ratification of Auditors): KPMG, LLP was ratified as the independent registered public accounting firm for the fiscal year ending March 31, 2025.
- Votes For: 213,470,217
- Votes Against: 1,601,349
Investor Verification Checklist
- Verify the election of the four Class III directors and their terms extending to the 2027 annual meeting.
- Confirm the shareholder preference for an annual advisory vote on executive compensation.
- Note the ratification of KPMG, LLP as the auditor for the fiscal year ending March 31, 2025.
- Review the 2024 Proxy Statement for detailed executive compensation disclosures referenced in Proposal 2.