Affiliated Managers Group, Inc 8-K, filed May 30, 2023
Affiliated Managers Group, Inc. (AMG)
About this 8-K
Affiliated Managers Group, Inc filed this 8-K on May 30, 2023, reporting on events of May 25, 2023.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| ITEM 5.07 | Submission of Matters to a Vote of Security Holders. |
The Annual Meeting of Stockholders of Affiliated Managers Group, Inc. (the “Company”) was held on May 25, 2023. At that meeting, the stockholders considered and acted upon the following proposals:
1. The Election of Directors. The stockholders elected the following individuals to serve as directors until the 2024 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified. Each nominee was approved by the stockholders by the affirmative vote of at least 96% of the votes cast. The table below sets forth the voting results for each director:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||||||
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| Karen L. Alvingham |
32,038,189 | 230,040 | 9,934 | 933,980 | ||||||||||||
| Tracy A. Atkinson |
31,914,910 | 353,219 | 10,034 | 933,980 | ||||||||||||
| Dwight D. Churchill |
30,995,880 | 1,271,995 | 10,288 | 933,980 | ||||||||||||
| Jay C. Horgen |
31,949,204 | 319,044 | 9,915 | 933,980 | ||||||||||||
| Reuben Jeffery III |
31,749,192 | 515,508 | 13,463 | 933,980 | ||||||||||||
| Félix V. Matos Rodríguez |
31,645,748 | 622,500 | 9,915 | 933,980 | ||||||||||||
| Tracy P. Palandjian |
31,037,446 | 1,230,210 | 10,507 | 933,980 | ||||||||||||
| David C. Ryan |
31,630,645 | 637,706 | 9,812 | 933,980 | ||||||||||||
2. Non-Binding Advisory Vote on Executive Compensation. The stockholders voted to approve, by a non-binding advisory vote, the compensation of the Company’s named executive officers by the affirmative vote of 98% of the votes cast. The table below sets forth the voting results:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 31,614,609 | 634,630 | 28,924 | 933,980 |
3. Non-Binding Advisory Vote on Frequency of Executive Compensation Advisory Votes. The stockholders recommended that a non-binding advisory vote to approve the compensation of the Company’s named executive officers occur every year. The one-year option was approved, on a non-binding advisory basis, by the stockholders by the affirmative vote of 95% of the votes cast. The table below sets forth the voting results:
| 1 Year | 2 Years | 3 Years | Abstentions | Broker Non-Votes | ||||
| 30,755,979 | 10,449 | 1,501,717 | 10,018 | 933,980 |
Based on the results of this vote, and consistent with the Board of Directors’ recommendation in the Company’s 2023 Proxy Statement, the Company will hold a non-binding advisory vote on executive compensation annually until the next vote on frequency.
4. Ratification of the Selection of PricewaterhouseCoopers LLP as the Company’s Independent Registered Public Accounting Firm for the Current Fiscal Year. The stockholders voted to ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the current fiscal year. The proposal was approved by the stockholders by the affirmative vote of 91% of the votes cast. The table below sets forth the voting results:
| Votes For | Votes Against | Abstentions | ||
| 30,188,275 | 3,014,954 | 8,914 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AFFILIATED MANAGERS GROUP, INC. | ||||||
| Date: May 30, 2023 |
By: | /s/ Kavita Padiyar | ||||
| Name: | Kavita Padiyar | |||||
| Title: | Managing Director, Chief Corporate Counsel, and Corporate Secretary | |||||
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